CAM advises Deutsche Bank AG and Axis Bank Limited on INR 2,100 Crores Listed Secured NCDs issued by GMR Hyderabad International Airport

Cyril Amarchand Mangaldas advised Deutsche Bank AG and Axis Bank Limited on GMR Hyderabad International Airport Limited’s ₹2,100 crore listed, secured, rated non-convertible debentures issuance, acting for the arrangers and initial NCD holders in one of the significant airport infrastructure bond transactions.

GMR Airport Debenture Issue CAM Advisory

Cyril Amarchand Mangaldas (“CAM”) advised Deutsche Bank AG and Axis Bank Limited (as the Arrangers and Initial NCDs Holders) in relation to connection with the issuance by GMR Hyderabad International Airport Limited (Issuer) of listed, rated, secured, redeemable, non-convertible debentures having a nominal value of INR 1,00,000 (Indian Rupees One Lakh only) each, aggregating up to INR 2100,00,00,000 (Indian Rupees Two Thousand and One Hundred Crores only).

The transaction team included Ajay Sawhney, Partner (Head – Northern Region); and Aditi Misra, Partner; with the assistance from Aditya Prakash, Principal Associate; and Pulkit Zamindar, Adwita Manocha, and Abhinaya Ranganathan, Associates.

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