Axon, A&O debut India’s first Euro bond with Bharti Airtel €750m offer

Tuesday, 17 December 2013 By Legally India Capital Markets

Axon Partners LLP advised Bharti Airtel on its €750m bond offering – the first in the currency by an Indian company – with Allen & Overy acting for the banks.

Allen & Overy consultant and registered foreign lawyer Amit Singh, based in Hong Kong, acted for the joint bookrunners and lead managers advising on English law.

Axon co-founding partner Abhimanyu Bhandari acted for Bharti on Indian law, with associates Vinay Sirohia, Kajal Bhimani and Prashant Kumar.

Barclays, BNP, DB, JP Morgan, Standard Chartered and UBS were joint bookrunners and lead managers, according to the PTI.

The first Indian corporate bond in Euros, guaranteed by Bharti Airtel and issued through its Dutch subsidiary Bharti Airtel InternationL (Netherlands) BV, received bids for €3.8bn for coupon rates of 4.05 per cent.

Axon PartnersAllen & Overy

Comments

Anon 17 Dec 2013, 16:46
+2 -0
Why Axon? Has AZB lost favor with Bharati?
Dazed and Confused 18 Dec 2013, 14:08
+4 -0
Any news on BayerCropscience Buyback Offer...who advised them..
Guest 18 Dec 2013, 15:35
+0 -4
i am not sure if i remember correctly, i think its either JSA or AZB, both Mumbai offices though.
Guest 18 Dec 2013, 16:20
+5 -0
[quote name="Guest"]i am not sure if i remember correctly, i think its either JSA or AZB, both Mumbai offices though.[/quote]

But the website of BayerCropscience Limited provides that Crawford Bayley & Co is their solicitors..!!
Lex 20 Dec 2013, 14:42
+0 -0
Where is Lexygen? I believe kajal bhimani worked for this pe boutique
anon 22 Dec 2013, 08:58
+1 -0
Is abhishek singhvis so still a partner at Axon or have he and abhimanyu split?
Commenting is closed for this article.