JSA advised 360 ONE Alternates Asset Management Limited as the mandated lead arranger in connection with INR 30 billion financing to Cyqure India Private Limited. Cyqure India is a Hinduja group company.
The financing is by way of zero coupon, secured, listed, rated, redeemable, non-convertible debentures to be issued by Cyqure India. The NCDs will be listed on the BSE Limited.
The proceeds of the NCDs will be utilised to partly fund IIHL’s acquisition of Reliance Capital Limited in the corporate insolvency resolution process of Reliance Capital.
Deal value: INR 30 billion
Our Banking and Finance Team Comprised Lead Partner – Utsav Johri, Partner – Aditi Sehgal, Senior Associates – Sahil Unadkat, Harshil Shubham, and Zahan Kalyaniwalla and Associates – Rithika Rarichan and Suprabh Garg.
Aditi specialises in banking & finance and insolvency. She has extensive experience in domestic and cross border debt transactions including syndicated lending (secured & unsecured), debt capital markets, real estate financing, project finance, structured finance, acquisitions, cross border investments, overseas direct investments, external commercial borrowings, listed and unlisted corporate bonds/ non-convertible debentures (private placement) and debt restructuring.