Capri Global Capital Limited, dba Capri Loans, has made an issuance of its maiden $300 million 7.55% fixed rate senior secured notes due 2029 under its $1 billion Global Medium Term Note Programme which will be listed on India INX and NSE IX in the GIFT City.
Khaitan & Co advised Capri Loans on this bond issuance.
The transaction team consisted of Manisha Shroff (Partner), Mohit Nad (Counsel), Aparna Arya (Senior Associate) and Nandini Arya (Associate) with assistance from Sneh Shah (Partner) and Pal Jain (Associate) on direct tax aspects.
Mayer Brown acted as the International Counsel for Capri Loans.
TT&A advised the arrangers, Barclays Bank PLC, Deutsche Bank AG, Singapore Branch, Citigroup Global Markets Limited, Emirates NBD Bank PJSC and UBS AG Singapore Branch, with issuance.
The transaction team consisted of Rahul Gulati (Partner), Priyanka Kumar (Partner), Sahil Kataria (Managing Associate) and Medha R. Lakshmi (Associate).
Linklaters acted as the International Counsel to the arrangers.
The transaction was led by Amit Singh (Partner, Head of the India Practice and Head, South and South East Asia Capital Markets) and Xunming Lim (Partner), with support from Anandee Banerji (Managing Associate), Trainee Associates Cheryl Kwok and Geeta Vasnani.
This marks the Capri Loans' debut issuance of offshore dollar bonds under its GMTN Programme.
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