Trilegal advised Deutsche Bank AG, Singapore Branch (“DB”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) in relation to the US$ 500 million update by Shriram Transport Finance Company Limited (“STFC”), of its global medium-term note programme (“GMTN”). DB and HSBC acted as arrangers to the GTMN. STFC is one of India’s largest non-banking finance companies, that focuses on vehicle financing. The aggregate value of the GMTN pursuant to such update is US$ 3.5 billion. Pursuant to such upsizing of the GMTN, STFC may launch an overseas bond offering, the proceeds of which will be utilised for onward lending.
The capital markets team advising on the transaction was led by Richa Choudhary, Partner; and included Avanti Kale, Senior Associate; Maitreya Rajurkar and Aayush Khandelwal, Associates. The banking and finance team advising on the transaction was led by Jimmy Joseph, Partner; and included Archana Rawat, Counsel; Devnashu Jain, Ankita Talukdar, Lalitha Nadhula, Associates.
For more information, please contact:
Sahil Wason
Tel: +91-8928008122
BD@Trilegal.com
Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website, www.trilegal.com, you acknowledge that:
We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:
For more information, please read our terms of use and our privacy policy.