Khaitan & Co Advised Samvardhana Motherson International Limited On Issuance Of Listed NCDs

Khaitan & Co advised Samvardhana Motherson International Limited on issuance of listed NCDs

Khaitan & Co advised Samvardhana Motherson International Limited in connection with its issuance of listed non-convertible debentures (NCDs), aggregating up to INR 2,025 crore. The NCDs bear a coupon of 6.80% per annum, payable annually, with a tenure of five years, and were issued on a private placement basis. The issue has been assigned “AAA / Stable” ratings by various credit rating agencies. SBI Capital Markets Limited acted as the sole arranger and anchor investor to the issue.

The Khaitan & Co team was led by Manisha Shroff (Partner), with support from Mohit Nad (Principal Associate), Akshansh Sharma (Senior Associate), Siddarth Goel (Senior Associate), and Shubha Ojha (Associate).

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