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SNG & Partners Assisted the Hong Kong and Shanghai Banking Corporation Limited on External Commercial Borrowing Extended to IIFL Finance Limited

Represented: The Hongkong and Shanghai Banking Corporation Limited

Total Deal Value in USD: 325 Million

Deal Makers

Partners: Amit Aggarwal and Sharad Joshi

Other Lawyers: Rudraksh Karnik

SNG & Partners assisted The Hongkong and Shanghai Banking Corporation Limited (HSBC) in relation to an external commercial borrowing of an amount up to USD 75,000,000 with a green shoe option of an amount up to USD 250,000,000 extended to IIFL Finance Limited. As the legal counsel to HSBC, the firm provided comprehensive legal advice on the transaction, including but not limited to the drafting, reviewing and negotiation of transaction documents.

The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at [email protected] mentioning your firm’s name, lawyers involved (including designation) and client represented.

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