Samvardhana Motherson International Limited - Issuance of listed NCDs

Khaitan & Co advised Samvardhana Motherson International Ltd in connection with its issuance of listed non-convertible debentures, aggregating up to INR 2025 crores, bearing a coupon of 6.80% p.a. payable annually with a tenure of 5 years, on a private placement basis (“Issue”). The Issue has been assigned “AAA / Stable” ratings by various credit rating agencies. SBI Capital Markets Limited played a pivotal role as sole arranger and anchor investor to the Issue.