December 3, 2021
Shardul Amarchand Mangaldas & Co. advised DLF Cyber City Developers Limited to issue senior, listed, rated, secured, non-cumulative, taxable, transferable, redeemable non-convertible debentures from Morgan Stanley India Company Private Limited and Hongkong and Shanghai Banking Corporation Limited. The deal is valued at INR 10,000,000,000. The date of closing the issue was 18 November 2021.
The transaction team was led by Shubhangi Garg, Partner; Neeati Narayan, Senior Associate; and Sandeep Grewal, Associate. The due diligence team was led by Neeati Narayan, Senior Associate; and Sarthak Singla, Associate.
Talwar Thakore & Associates, Advocates and Solicitors advised Morgan Stanley India Company Private Limited and Hongkong and Shanghai Banking Corporation Limited on the legal aspects.
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