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SNG & Partners advised HSBC in Key Transaction
SNG & Partners advised HSBC in Key Transaction
SNG & Partners provided legal assistance to the Hongkong and Shanghai Banking Corporation (HSBC) Limited in connection with an external commercial borrowing transaction. The borrowing involved an amount of up to $75,000,000, with an additional green shoe option of up to $250,000,000, extended to IIFL Finance Limited.
SNG & Partners played a crucial role as legal counsel representing HSBC in the transaction. The firm offered comprehensive legal guidance, encompassing tasks such as drafting, reviewing, and negotiating transaction documents to ensure that HSBC's interests were protected and the transaction proceeded smoothly.
Amit Aggarwal, the Senior Partner at SNG & Partners, took on the role of the engagement partner for the transaction. Leading the transaction team, he was supported by Sharad Joshi, a Partner, and Rudraksh Karnik, an Associate.