Norton Rose Fulbright recognised by India Business Law Journal for its work on leading India-related transactions
Global | Press release - Recognition | February 20, 2019
Global law firm Norton Rose Fulbright has been recognised for its involvement in two market-leading transactions by India Business Law Journal (IBLJ).
Every year, IBLJ publishes an annual edition which provides an overview of the most significant India-related deals.
Sherina Petit, head of the India practice Norton Rose Fulbright, commented:
“We are delighted that the firm has been recognised for these deals by IBLJ. The firm has had an excellent year in India and we look forward to helping our clients succeed in their goals over the next 12 months.
The deals recognized are:
GuarantCo Green Bonds for Sindicatum Renewables
Norton Rose Fulbright has advised GuarantCo, the international development finance institution, in relation to a landmark INR 2.5 billion (approximately US$40 million) dual tranche unsecured wrapped and rated bond issuance by Sindicatum Renewable Energy Company Pte Ltd. Sindicatum is an Asian developer, owner and operator of clean energy projects. Lead partner: Daniel Metcalfe
Cross-border non-recourse financing to Kia Motors India
Norton Rose Fulbright advised a syndicate of banks on a cross-border non-recourse financing to Kia Motors India Private Limited, a wholly-owned subsidiary of Kia Motors Corporation. The loan is a dual-tranche facility for up to US$548 million and the Euro equivalent of US$100 million for the purpose of financing the construction of Kia Motor’s US$1.1 billion automobile manufacturing facility in Andhra Pradesh, India. The loan is guaranteed by Kia Motors Corporation and supported by Korea Trade Insurance Corporation. Lead partner: Nick Merritt
Norton Rose Fulbright does not advise on Indian law due to the Bar Council of India’s restrictions on foreign law firms, the firm has a strong record of advising clients with interests in India, as well as acting for Indian corporations and financial institutions on their global activities.
For further information please contact:
Kate Farrell, Public Relations Executive
Tel: +44 (0) 20 7444 3724; Mob: +44 (0) 7515 324 290
Notes for editors:
Norton Rose Fulbright
Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.
Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.