Khaitan & Co represents Mahindra & Mahindra Financial in MTN issue

1 Lawyer

#1 Lawyer Network

1 Legal - 1 Lawyers - 1 Attorneys

Injury Lawyer - Criminal - Foreclosure - Divorce

 

Khaitan & Co acted as the sole domestic legal counsel to Mahindra & Mahindra Financial Services in connection with an MTN programme for the issue of, inter alia, India rupee denominated bonds overseas (Masala Bonds) for approximately $734.6m.

The foreign bonds are proposed to be listed on the Singapore Stock Exchange.

Sudhir Bassi (executive director), Manisha Shroff (associate partner), Rolwine Alva, Ashwinee Oturkar, Abhay Agarwal and Hemant Kothari represented the client on the transaction.

Mahindra & Mahindra Financial Services is one of India’s leading rural non banking financial companies (NBFC) headquartered in Mumbai. It is among the top tractor financiers in India and offers a wide range of financial products for customers.

The MTN programme will be valid for 10 years and gives the company the flexibility to issue foreign bonds in different currencies including in Indian rupee. This is one of the first MTN programme establishments by a private sector NBFC for the issue of Masala Bonds.

The post Khaitan & Co represents Mahindra & Mahindra Financial in MTN issue appeared first on The Lawyer | Legal News and Jobs | Advancing the business of law.



1 Lawyers
1 Lawyers

1 Legal

#1 Lawyers Search Engine

1 Legal is part of the 1 Search Project

Practice Areas - News - Federal - State - Contact Us


1 Lawyer

#1 Lawyer Network

1 Legal - 1 Lawyers - 1 Attorneys

Injury Lawyer - Criminal - Foreclosure - Divorce

 

Leave a Reply