Buyback/Purchase by way of Tender Offer of US$ Senior Notes issued by BPRL International Singapore Pte. Ltd which had been unconditionally and irrevocably guaranteed by Bharat Petroleum Corporation Limited.

  • Deal
  • March 22, 2024

JSA advised Bharat Petroleum Corporation Limited’s (“BPCL”) Tender Offer of US$ 600 Million Senior Notes due 2027 (“Notes”) issued by BPRL International Singapore Pte. Ltd. (“BISPL”), a step-down subsidiary of BPCL incorporated in Singapore. The Notes have been unconditionally and irrevocably guaranteed by BPCL and were issued under the US$ 2 Billion Medium Term Note Programme.

Tender Offer of US$ 120 Million Notes out of the outstanding US$ 600 Million Notes

Our transaction team comprised lead partner – Dina Wadia and partner – Uttara Kolhatkar.