CMS INDUSLAW, Clifford Chance, Trilegal, Linklaters act on Sammaan Capital $450 million bond issuance

Sammaan Capital has made an issuance of its Senior Secured Social Bonds aggregating to $450 million.

CMS INDUSLAW acted as an Indian Legal counsel to Sammaan Capital on this transaction.

The transaction team consisted of Kaushik Mukherjee (Partner), Anumeha Agrawal (Senior Associate), Associates Riya Sethia and Vaishnavi Tiwari.

Nitika Jain (Partner), Devansh Doshi (Senior Associate) and Sai Akanksh Deekonda (Associate) advised on Banking & Finance aspects.

Lokesh Shah (Partner) and Aarya Jha (Associate) advised on Tax aspects.

Clifford Chance and Clifford Chance Pte. Ltd. served as the Counsel to Sammaan Capital on U.S. Federal Securities Law and English Law.

Trilegal advised the Sole Bookrunners Deutsche Bank on Indian Law aspects on this transaction.

Linklaters Singapore Pte. Ltd. advised the Sole Bookrunners Deutsche Bank on English and U.S. Federal Securities Law on this transaction.

Linklaters also served as the English legal counsel to DB International Trust (Singapore) Limited, the Trustee on this transaction.

Sammaan Capital is one of India’s largest mortgage-focused non-banking financial companies and a technology-driven lender providing India’s first end-to-end digital home loan to over 1.5 million homeowners nationwide.

The transaction marks a first-of-its-kind hard-underwritten, privately placed bond issuance, with the bonds listed on the Debt Securities Markets of NSE IFSC Limited.

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