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Cyril Amarchand Mangaldas Advised ICICI Bank & Axis Bank For Delhi International Airport
Cyril Amarchand Mangaldas Advised ICICI Bank & Axis Bank For Delhi International Airport
Cyril Amarchand Mangaldas (CAM) advised ICICI Bank Limited and Axis Bank Limited (Arrangers) inissuance of listed, rated, secured, redeemable, non-convertible debentures of the nominal value of INR 1,00,000 each, aggregating to not more than INR 800 crores (NCDs) by Delhi International Airport Limited. CAM played crucial role in drafting of documents to ensure compliance with recent SEBI regulations and guidelines.
The Project & Project Finance team of Cyril Amarchand Mangaldas advised on the transaction. The transaction team was led by Ajay Sawhney, Partner & Aditi Misra, Partner, Aditya Prakash, Senior Associate; Ragini Agarwal, Associate; and Shravani Shendye, Associate.
Other advisors to the transaction included Axis Trustee Services Limited, acted as debenture trustee; Delhi International Airport Limited, acted as issuer; ICICI Bank Limited, acted as arranger; Axis Bank Limited, acted as arranger.