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Khaitan acts on $350m Delhi Int’l Airport $350m bond issue

The GMR Group controlled Delhi International Airport (Dial) has raised $350 million by selling 10-year dollar bonds to investors across the world in the first such issuance by an Indian company after election results were announced. The bonds were priced at 6.45 per cent, 30 bps tighter than the 6.75 per cent initial guidance.
The Economic Times

Khaitan & Co advised Delhi International Airport Limited led by a team of partner Manisha Shroff, partner Gautham Srinivas, principal associate Rolwine Alva, senior associate Sathvik Ponappa, senior associate Mazahir Bootwala, associate Nandini Paliwal and associate Enakshi Jha; partner Ritu Shaktawat and senior associate Sneh Shah advised on the taxation aspects.

2019-05-29

Deal value: USD 350 million

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.

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