Firm Matters
BackKhaitan & Co advised Samvardhana Motherson International Ltd in connection with its issuance of listed non-convertible debentures, aggregating up to INR 2025 crores, bearing a coupon of 6.80% p.a. payable annually with a tenure of 5 years, on a private placement basis (“Issue”). The Issue has been assigned “AAA / Stable” ratings by various credit rating agencies. SBI Capital Markets Limited played a pivotal role as sole arranger and anchor investor to the Issue.
Deal Team
The core team consisted of Manisha Shroff (Partner), Mohit Nad (Principal Associate), Akshansh Sharma (Senior Associate), Siddarth Goel (Senior Associate) and Shubha Ojha (Associate).
