Cyril Amarchand Mangaldas advises as the counsel to the issuance of NCDs by Adani Ports And Special Economic Zone Limited
Cyril Amarchand Mangaldas played a key role as counsel to the issuance of listed, secured Non-Convertible Debentures of up to INR 500 crore on a private placement basis (“NCDs”) by Adani Ports And Special Economic Zone Limited.
Feb 9, 2024, 16:50 IST
Business Wire India
Cyril Amarchand Mangaldas played a key role as counsel to the issuance of listed, secured Non-Convertible Debentures of up to INR 500 crore on a private placement basis (“ NCDs”) by Adani Ports And Special Economic Zone Limited. This issuance is accompanied by a sophisticated security arrangement, uniquely designed to secure the NCDs through receivables from the inter-corporate debts between the issuer and its subsidiaries.
The Project & Project Finance team of Cyril Amarchand Mangaldas advised on the transaction. The transaction team was led by Pururaj Bhar, Partner; with support from Abhishek Khatri, Principal Associate; Soumya Khurana, Associate; Aesha Shah, Associate; and Sonali Suresh, Associate.
The transaction was signed on 8 th January, 2024 and Closed on 10 th January, 2024.
The Project & Project Finance team of Cyril Amarchand Mangaldas advised on the transaction. The transaction team was led by Pururaj Bhar, Partner; with support from Abhishek Khatri, Principal Associate; Soumya Khurana, Associate; Aesha Shah, Associate; and Sonali Suresh, Associate.
The transaction was signed on 8 th January, 2024 and Closed on 10 th January, 2024.