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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
Mumbai (Maharashtra)/ New Delhi [India], April 25 (ANI/BusinessWire India): 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.
Cyril Amarchand Mangaldas CAM advised in relation to RECs Limiteds USD 750 million issuance of 5.625 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.
Get latest articles and stories on Business at LatestLY. New Delhi/ Cyril Amarchand Mangaldas advised the book running lead managers, namely, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, BofA Securities India Limited, and Citigroup Global Markets India Private Limited (BRLMs) in relation to the initial public offer of equity shares of Delhivery Limited aggregating to INR 52,350 million (the "Offer"). Business News | Cyril Amarchand Mangaldas Advises in Relation to IPO of Delhivery Limited.