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Cyril Amarchand Mangaldas advises in relation to USD 750 million green bond issuance by REC Limited

Mumbai / New Delhi, April 25: Cyril Amarchand Mangaldas (CAM) advised in relation to REC s Limited s USD 750 million issuance of 5.625 per cent green bonds (Notes). CAM advised the Dealers to the transaction, namely, Barclays Bank PLC, DBS Bank Limited, MUFG Securities Asia Limited, State Bank of India (London Branch) and Standard Chartered Bank. This is REC Limited s first overseas bond issuance in two years. The issuance of the Notes represents the largest ever senior USD tranche by an Indian NBFC, and the largest ever senior green bond tranche by a South/ South-East Asian issuer. The Capital Markets Practice of Cyril Amarchand Mangaldas advised on the transaction. The transaction team was led by Gokul Rajan, Partner and Regional Head Markets Practice - Northern Region; with support from Chinar Gupta, Associate; and Iti Mishra, Associate. As a part of the transaction, REC Limited has raised USD 750 million through the issuance of 5.625 per cent green bonds with a five-year maturity u ....

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Cyril Amarchand Mangaldas advises APSEZ on acquisition of KPPL under IBC

Mumbai (Maharashtra)/ New Delhi [India], April 11 (ANI/BusinessWire India): Cyril Amarchand Mangaldas acted as legal counsel for Adani Ports And Special Economic Zone Limited (APSEZ), in relation to the acquisition of Karaikal Ports Private Limited (KPPL), a company undergoing corporate insolvency resolution process under the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC), for an aggregate purchase consideration of Rs 1485 crore (Transaction) ....

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