•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Khaitan acts for Mahindra & Mahindra on $132m NCD bond issue

Mahindra and Mahindra will be issuing non-convertible debentures worth Rs 1,000 crore for a tenure of three years to raise capital at a time when corporates are facing a liquidity crunch due to the lockdown imposed to contain the Covid-19 pandemic. The rated, listed, unsecured, redeemable non-convertible debentures (NCDs) have been rated ‘IND AAA’ with a stable outlook by rating agency India Ratings and Research.

The Economic Times

Khaitan & Co advised Mahindra & Mahindra Ltd led by a team of partner Manisha Shroff, senior associate Jessica Gandhi, associate Aishwarya Tripathi and associate Siddhant Shetty.


Deal value: $132m

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

Click to show 2 comments
at your own risk
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.