SNG & PARTNERS ASSISTS INVESTOR AND DEBENTURE TRUSTEE ON ISSUANCE OF NON-CONVERTIBLE DEBENTURE BY MACROTECH DEVELOPERS LIMITED
The debentures have aggregate face value up to INR 2,800,000,000.
SNG & Partners has assisted the investor and the debenture trustee in relation to the issuance of up to 28,000 rated, listed, senior, secured, redeemable, non-convertible debentures having a face value of INR 1,00,000 each aggregating up to INR 2,800,000,000 issued and allotted by MACROTECH DEVELOPERS LIMITED.
SNG & Partners acted as the legal counsel to the investors and debenture trustee. The firm provided comprehensive legal advice on the transaction including but not limited to the drafting, reviewing, negotiation and finalisation of transaction documents and subsequent listing of the debentures on the stock exchange.
Amit Aggarwal (Senior Partner) acted as engagement partner for the transaction.
The transaction team consisted of Aditya Vikram Dua (Partner), Aniket Sawant (Principal Associate), and Rudraksh Karnik (Associate).