JSA Advocates & Solicitors (JSA) advised J.P. Morgan Securities plc, The Hongkong and Shanghai Banking Corporation Limited and Standard Chartered Bank, as arrangers and dealers, in connection with the update of IIFL Finance Limited’s US$ 1 billion secured Global Medium Term Note Programme. The updated programme provides a platform for IIFL Finance Limited to issue notes from time to time in the international debt capital markets.
IIFL Finance Limited is a leading non-banking financial company in India, offering a diversified range of lending and financial products, including gold loans, home loans, business loans, microfinance, and capital market finance solutions.
The transaction was led by Arka Mookerjee, Partner, and Soumitra Majumdar, Partner. The Capital Markets team comprised Pracheta Bhattacharya, Partner and Aditya Sureka, Associate. The Banking & Finance team comprised Deboshree Mukherjee, Principal Associate.
Arka’s practice area involves equity capital markets issuances which covers a wide range of products, such as Initial Public Offerings, Rights Issues, Qualified Institutions Placements, Initial Public Offering of Infrastructure Trusts and foreign currency convertible bonds.