Khaitan advises on $58m debentures issue

Khaitan & Co advised CX Group and other investors in relation to issuance of listed, rated, secured non-convertible debentures, in 2 series, of an aggregate amount of $58m by Nspira Management Services Private Ltd to a group of debenture holders including CX Intermediate Capital Fund I Pte Ltd.

The core Corporate team involved Joyjyoti Misra, Partner; Ashwin Bishnoi, Asssociate Partner; Monika Srivastava, Principal Associate; Shruti Singh, Senior Associate; Sara Rashid Khan, Associate; Bhaskar Banerjee, Associate; Rupsa Mitra, Associate; Akshat Gupta, Associate; Shreya Shree, Associate with assistance from Daksha Baxi, Executive Director on the Direct Tax aspects and Shailendra Bhandare, Principal Associate on the Intellectual Property aspects.