Vodafone Idea Limited’s $3.2 Billion Equity Capital Raise

Slaughter and May advised Vodafone Group Plc (“Vodafone Group”) in connection with the INR 250 billion (US$3.2 billion) equity capital raise by Vodafone Idea Limited.

Vodafone Group’s contribution of INR110bn was indirectly funded through a loan secured on the group’s Indian assets.

Vodafone Idea Limited operates as a telecom service provider. The Company offers 2G, 3G, and 4G mobile services, as well as mobile payments, advanced enterprise offerings, and entertainment. Vodafone Idea serves customers in India.

The Slaughter and May team was composed by financing partner Oliver Storey (Picture); Charlie McGarel-Groves (associate); Louise Browning (associate); Corporate: Roland Turnill (partner); Alex Dustan (associate); Francesca Parker (associate).

Involved fees earner: Louise Browning – Slaughter and May; Alex Dustan – Slaughter and May; Charlie McGarel-Groves – Slaughter and May; Francesca Parker – Slaughter and May; Oliver Storey – Slaughter and May; Roland Turnill – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Vodafone Group;