TT&A advised The Federal Bank Limited (the “Bank”)  in connection with the establishment of a US$ 500,000,000 medium term note programme (the “MTN Programme”) by the Bank. The notes when issued are proposed to be listed and admitted to trading on the NSE IFSC Limited, Gujarat International Finance Tec-City (“GIFT City”).

The Hongkong and Shanghai Banking Corporation Limited is acting as the arranger, dealer and trustee for the MTN Programme

This marks the Bank’s debut entry into the offshore dollar bond market through the establishment of its MTN Programme.

TT&A Team: Priyanka Kumar – Partner; Saara Ahmed – Managing Associate and Shrijaya Singh – Associate