"Detergent major Nirma, which in July had agreed to buy the cement business of the French major Lafarge India, today raised Rs 4,000 crore debt to fund the deal, making it the largest rupee bond sale for a leveraged buyout,” reported Money Control.

Talwar Thakore & Associates partners Sonali Mahapatra and Rituparno Bhattacharya, managing associate Nidhi Rani and associates Raghuveer Parthasarathy and Neeti Bhatt acted for IDFC Bank, Credit Suisse and Barclays as arrangers for the sale.

Crawford Bayley partner Sanjay Asher acted for Nirma.