Axon, Milbank, A&O for Bharti Airtel maiden $1bn bond

Wednesday, 6 March 2013 By Legally India Capital Markets

Allen & Overy (A&O) acted for Bharti Airtel, which issued bonds for the first time ever in a heavily oversubscribed offer for $1bn. Axon Partners and Milbank Tweed Hadley & McCloy advised the underwriters.

The company’s Dutch subsidiary Bharti Airtel International issued the 10-year unsecured notes, which were guaranteed by the Indian entity, with a coupon rate of 5.125 per cent. [WSJ]

A&O Hong Kong-based registered foreign lawyers James Grandolfo, Amit Singh and Adam Heyd acted for Bharti.

Axon partner Harjeet Lall led for the underwriters on Indian laws assisted by partner Abhimanyu Bhandari.

Milbank Hong Kong and Beijing-based partner Anthony Root and Hong Kong associate Andrew Yang acted for the underwriters.

Standard Chartered head of legal for debt capital markets Sapan Gupta acted for the underwriters in-house.

Milbank had also acted for the underwriters on Bharti Infratel’s $766m initial public offering (IPO) in January with Luthra & Luthra, where Amarchand Mangaldas appeared for Bharti.

Comments

Market Watch 6 Mar 2013, 17:29

+3 -30

Axon is the rising star in the Indian legal space and is reflective of a new trend that is emerging in the Indian legal sector. With the diverse expertise and a unique team that this firm has got, it can give any firm in India a run for its money. Its uniqueness lies in its ability to retain talents by creating incentives way above the market standards, putting it in a league of its own.

The firm's got enough reasons to make even the better and the best jittery.

hilarious 7 Mar 2013, 03:33

+16 -1

Thats such a funny self promotional comment. It may be true, but no one should blow their own trumpet and the above comment hardly seems from an objective, unbiased source. As a firm with significant interests of the Singhvis, it is bound to get good work - but credit to them for executing the work well. Name alone can help only so much - talent will justify further work. But then again, please dont praise yourselves.

Market Clock 7 Mar 2013, 05:05

+14 -1

[quote name="Market Watch"]Axon is the rising star in the Indian legal space and is reflective of a new trend that is emerging in the Indian legal sector. With the diverse expertise and a unique team that this firm has got, it can give any firm in India a run for its money. Its uniqueness lies in its ability to retain talents by creating incentives way above the market standards, putting it in a league of its own.

The firm's got enough reasons to make even the better and the best jittery.[/quote]
Axon, kindly get your own website.

Goodlawyer 7 Mar 2013, 07:29

+6 -1

Such a cheap self promotional comment!

kianganz 7 Mar 2013, 07:47

+1 -2

Hi,

Just a note, comment #1 either seems to have come from a (quite successful) troll or an overenthusiastic but misguided former intern.

In any case, Axon has clarified that no one at the firm was responsible for comment #1 and that they would appreciate it if such comments were not made in future.

They've asked us to remove the comment but I think since it's been voted down as a potential troll and there have been a few responses, there's little need at this point.

Best wishes,
Kian

Partner 7 Mar 2013, 09:25

+5 -1

[quote name="kianganz"]Hi,

Just a note, comment #1 either seems to have come from a (quite successful) troll or an overenthusiastic but misguided former intern.

In any case, Axon has clarified that no one at the firm was responsible for comment #1 and that they would appreciate it if such comments were not made in future.

They've asked us to remove the comment but I think since it's been voted down as a potential troll and there have been a few responses, there's little need at this point.

Best wishes,
Kian[/quote]

Kian Please rename your site to TouchyIndia

Axon Associate aka Market Watc 8 Mar 2013, 09:28

+1 -0

[quote name="kianganz"]Hi,
In any case, Axon has clarified that no one at the firm was responsible for comment #1 and that they would appreciate it if such comments were not made in future.
[/quote]
How would Axon Partners confirm that for certain.. hihhihihi

kianganz 8 Mar 2013, 09:31

+0 -0

True, impossible to say for certain, but at the very least it wasn't officially sanctioned by the firm...

Goodlawyer 8 Mar 2013, 10:38

Usually, the question of sanction arises for adverse comments.....in this case it is the other way round......how ironic!!

nerd 23 May 2013, 11:03

ha ha ha ha

Guest 7 Mar 2013, 13:17

+2 -0

Congrats to Komal, Vinay, Abhishek, Arjun, Prashant, Deboleena and the entire deal team (at different times, of course).

This recognition was long over due :P

Special nomination: Aayushmaann, the one who inspires us all to be better :P
(I hope I have spelt it right - numerologically, i.e. ;) )

- From
The Pacifist from EbO.

Guest 7 Mar 2013, 17:03

guys ......dont u think [u][b]a name [/b][/u]is missing here?????

a name 8 Mar 2013, 09:20

[quote name="Guest"]guys ......dont u think [u][b]a name [/b][/u]is missing here?????[/quote]
Right on bro... whytf am I missing???

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