HDFC Bank Limited’s $1.82 Billion American Depositary Shares Offering

Cravath represented HDFC Bank Limited in connection with its $1.82 billion offering of American depositary shares.

HDFC Bank Limited is a private sector bank in India. The shares were listed on the New York Stock Exchange. Cravath also represented HDFC Bank Limited in its concurrent Indian domestic offering of equity shares. The transaction closed on August 2, 2018.

The Cravath team included partner Philip J. Boeckman (Picture) and associates Michael L. Arnold, Yannick Adler and Ingo M. Berner on securities matters, and associates Andrew L. Mandelbaum and Cecily Xi on tax matters.


Involved fees earner: Philip Boeckman – Cravath Swaine & Moore; Michael Arnold – Cravath Swaine & Moore; Yannick Adler – Cravath Swaine & Moore; Ingo Berner – Cravath Swaine & Moore; Cecily Xi – Cravath Swaine & Moore; Andrew Mandelbaum – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: HDFC Bank Ltd;