Latham & Watkins advised the Joint Bookrunners on the transaction.
Adani Transmission Limited (ATL) issued US$500 million 4.25% foreign currency bond offering. The bonds have a 4.25% coupon and mature in 2036.
The Joint Bookrunners were Barclays Bank PLC, BNP Paribas, Credit Suisse, DBS Bank Ltd., Deutsche Bank AG, Emirates NBD Bank PJSC, Merrill Lynch, Mizuho Securities, Standard Chartered Bank and UBS AG.
ATL is the largest private transmission company in India and operates more than 11,000 ckt kms of transmission lines and around 18,000 MVA of power transformation capacity.
Latham advised the Joint Bookrunners on the transaction, with a team led by Singapore partner and India Practice Head Rajiv Gupta (Picture), with Singapore counsel Monsiree Jirasarunya, Hong Kong counsel Louis Rabinowitz, and Singapore associate Francesca Rothkell.
Law Firms: Latham & Watkins;