Firm Matters
BackKhaitan & Co advised Tata Capital Ltd in connection with the issuance of USD 400 million 5.332 per cent senior unsecured notes due 2030 under Regulation S of the U.S. Securities Act of 1933, issued under its existing USD 2 billion medium-term note programme established on India INX in IFSC Gift City. The notes are listed on India INX in IFSC Gift City. The issuance attracted strong investor demand across Asia and EMEA, with the order book oversubscribed by approximately four times.
The Hongkong and Shanghai Banking Corporation Ltd, MUFG Securities Asia Ltd, Singapore Branch, and Standard Chartered Bank acted as the managers and dealers in relation to the issuance.
Deal Team
The core team consisted of Manisha Shroff (Partner), Mohit Nad (Counsel), Aparna Arya (Senior Associate) and Nandini Arya (Associate).
