DEAL DETAILS
Muthoot Finance Limited |Tender offer/buy back of notes due 2023
Khaitan & Co acted as domestic legal advisors to Muthoot Finance Limited, for tender offer in relation to its USD 550 million fixed rate senior secured notes due 2023, for an aggregate principal amount up to USD 225 million, issued under the Global Medium Term Note Programme. Deutsche Bank AG, Singapore Branch acted as the Sole Dealer Manager and the D.F. King Ltd. Acted as the Tender and Information Agent.
The core team consisted of Manisha Shroff (Partner), Rajshekhar Upadhyaya (Senior Associate), Nikunj Mehta (Associate) and Sanjana Karnavat (Associate) with assistance from Ritu Shaktawat (Partner) and Sneh Shah (Principal Associate) on taxation aspects.