Milbank, Tweed, Hadley & McCloy and AZB & Partners have advised India’s Tata Steel on its $1.5 billion bond offering, while Linklaters represented the 12 banks that served as joint bookrunners and lead managers.
The dual-tranche offering, which is one of the largest bond issuances from India this year, includes $500 million of 4.85 percent guaranteed notes due in 2020, and $1 billion of 5.95 percent guaranteed notes due in 2024. The notes were issued by ABJA Investment Co. and guaranteed by Tata Steel Limited.
Milbank, Tweed, Hadley & McCloy acted as English counsel for Tata Steel and ABJA Investment Co., while AZB & Partners and WongPartnership advised on Indian and Singapore law, respectively.
Linklaters’ Singapore team was led by corporate partner Kevin Wong, who was supported by managing associates Pallava Gopinath Aney, and Sohrab Khushrushahi.
Talwar Thakore & Associates advised the banks on Indian law.
