S&R Associates advises UltraTech Cement on INR 50 billion listed NCD issuance through private placement
S&R Associates advised UltraTech Cement Limited on its INR 50 billion issuance of listed non-convertible debentures through private placement.
S&R Associates advised UltraTech Cement Limited on its INR 50 billion issuance of listed non-convertible debentures through private placement.
The transaction, India’s largest disclosed private credit deal in the telecom sector, was structured to support Vodafone Idea Limited’s capital expenditure and business growth.
The said issuance is the largest unlisted private placement of non-convertible debentures in India’s airport sector.
This bond issuance marks the largest deal in the private credit space in India