Cyril Amarchand Mangaldas advises Trust Investment in relation to INR 3,488 Crore NCD issuance by Uttar Pradesh Power Corporation

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Mumbai, Maharashtra, New Delhi, Delhi, India:
 

Cyril Amarchand Mangaldas acted because the authorized counsel to Trust Investment Advisors Private Limited, performing as an investor and arranger with respect to issuance of listed, secured, rated, redeemable, taxable, non-convertible bonds by Uttar Pradesh Power Corporation Limited (UPPCL), an organization wholly owned by the Government of Uttar Pradesh, with a green-shoe possibility for an combination subject dimension of INR 3,488 crore.
 
The Banking and Finance Practice of Cyril Amarchand Mangaldas suggested on the transaction. The transaction crew was led by Leena Chacko, Partner; with assist from Srinjoy Bhattacherjee, Principal Associate; and Shivendra Shukla, Associate.
 
As part of the Transaction, the bonds are secured by method of a cost over the receivables and cashflows of UPPCL. Further, the bonds have been assured by method of an unconditional and irrevocable assure supplied by the Government of Uttar Pradesh.
 
Other Parties and Advisors to the transaction embody Trust Investment Advisors Private Limited, Tipsons Consultancy Services Private Limited, and A.Ok. Capital Services Limited.
 
The transaction was signed and closed on October 07, 2022.



About Cyril Amarchand Mangaldas

Cyril Amarchand Mangaldas (cam) is India’s main regulation agency with a worldwide status of being trusted advisers to its shoppers. The Firm advises a big and numerous set of shoppers, together with home and international business enterprises, monetary establishments, non-public fairness and enterprise capital funds, start-ups, authorities and regulatory our bodies. The Firm generalists, specialists and senior ex-regulators expertly information shoppers throughout a spectrum of transactions, sectors and rules. With 1000 attorneys and 160 Partners, the Firm is the biggest full-service regulation agency in India and places of work in key business centres at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City and in addition in Singapore.

 

The Firm just lately obtained “Innovation in Advancing Markets” award on the FT Innovative Lawyers Asia Pacific 2022 Awards and the “National Law Firm of the Year: India” award on the IFLR Asia Pacific 2022 awards ceremony. The Firm had received “India Deal Firm of the Year” on the ALB India Awards and “Firm of the Year” on the IFLR1000 India Awards in 2021.




Click right here for Media Contact Details

Madhumita Paul (Dy. Chief Marketing Officer – Marketing & Communications), Cyril Amarchand Mangaldas, [email protected], +91-9833818006

Rahul Gossain (Head – Marketing Communications, and Delhi Region BD), Cyril Amarchand Mangaldas, [email protected], +91-9873154228


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