SNG & Partners acts on Issuance of Non-Convertible Debentures by Macrotech Developers

The debentures have aggregate face value up to ₹2,800,000,000.

Macrotech Developers Limited has issued and allotted up to 28,000 rated, listed, senior, secured, redeemable, non-convertible debentures having a face value of ₹1,00,000 each aggregating up to ₹2,800,000,000.

SNG & Partners acted as the legal counsel to the investors and debenture trustee. The Firm provided comprehensive legal advice on the transaction including but not limited to the drafting, reviewing, negotiation and finalisation of transaction documents and subsequent listing of the debentures on the stock exchange.

Amit Aggarwal (Senior Partner) acted as engagement partner for the transaction.

The transaction team consisted of Aditya Vikram Dua (Partner), Aniket Sawant (Principal Associate) and Rudraksh Karnik (Associate).

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