February 2024, Banking and Finance

TT&A advised Standard Chartered Bank in an issuance of non-convertible debentures by Virtuous Tradecorp Private Limited

TT&A advised Standard Chartered Bank as the arranger in relation to issuance of 42,500 listed non-convertible debentures by Virtuous Tradecorp Private Limited. The NCDs are secured by pledge over certain listed shares, being shares of JSW Steel Limited, JSW Energy Limited and Jindal Steel and Power Limited.

TT&A Team: Sonali Mahapatra & Nidhi Rani – Partners; Aman Golechha – Senior Associate and Rohit Singh & Pallav Rathi – Associates

Sonali Mahapatra

Partner, Mumbai

Nidhi Rani

Partner, Mumbai

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