Trilegal advised on the drawdown by Muthoot Finance (MFL) by way of an issuance of Regulation S, USD-denominated senior secured notes due in 2029 with a coupon of 6.375%, aggregating to USD 250 million (Offering). Deutsche Bank AG, Singapore Branch, and Standard Chartered Bank were the managers of the Offering. The notes were listed on NSE IFSC Ltd., in GIFT City, India. MFL is the largest gold loan NBFC in terms of loan portfolios.

The Capital Markets Team advising on the mandate was led by Partner Richa Choudhary and comprised Counsels Avanti Kale and Maitreya Rajurkar and Associate Shivayana Balodia.

The Banking and Finance Team advising advising on the mandate was led by Partner Joseph Jimmy, supported by Counsel Tania Chourasia and Associate Shreyaa Mohanty.

The Taxation Team advising on the mandate was led by Partner Komal Dani and comprised Senior Associate Deepanshu Jhawar and Associate Himeesha Dhiliwal.

Source: Trilegal’s LinkedIn Page