India: Capital Markets Transactions Banking and Financial Services Transactions by the Dorsey & Whitney India Practice Group Lawyers
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India: Capital Markets Transactions Banking and Financial Services Transactions by the Dorsey & Whitney India Practice Group Lawyers Qualified Institutions Placements (“QIPs”) Dorsey acted as international counsel on the following matters: Client(s) Issuer Type of Transaction Amount Raised Morgan Stanley India IndusInd Bank Limited QIP in India and US private US$675 million Company Private placement outside India Limited JM Financial Institutional Securities Limited CLSA India Private Limited Citigroup Global Markets India Private Limited Credit Suisse Securities (India) Private Limited Goldman Sachs (India) Securities Private Limited J.P. Morgan India Private Limited Barclays Bank Plc Dewan Housing Finance QIP in India and US private US$130 million Kotak Mahindra Capital Corporation Limited placement outside India Company Motilal Oswal Investment Advisors Standard Chartered The Karur Vysya Bank Ltd QIP in India and US private US$102 million JM Financial placement outside India Spark Capital - 1 - Client(s) Issuer Type of Transaction Amount Raised Credit Suisse Securities ING Vysya Bank Limited QIP in India and US private US$147 million Axis Capital placement outside India JM Financial Morgan Stanley India IndusInd Bank Limited QIP in India and US private US$370 million JM Financial placement outside India CLSA India HSBC Securities Edelweiss Financial Development Credit Bank QIP in India and US$18.8 million Services Limited Regulation S private placement outside India Enam Securities Dewan Housing Finance QIP in India, Rule 144A US$62.2 million Standard Chartered Corporation Limited offering in the United Securities India States and Regulation S Religare Capital private placement outside Markets India Motilal Oswal Investment Advisors Morgan Stanley India IndusInd Bank Limited QIP in India, Section 4(2) US$253 million Company private placement in the IDFC Capital United States and JM Financial Regulation S placement Consultants outside India BNP Paribas UBS Securities India IDFC Capital The Dhanalakshmi Bank IP in India and a concurrent RS. 3,807 million JM Financial Regulation S offering (US$85 million) Consultants outside India Motilal Oswal Dewan Housing Finance QIP in India, Section 4(2) Investment Advisors Corporation Limited private placement in the JM Financial United States and Consultants Regulation S placement outside India - 2 - Client(s) Issuer Type of Transaction Amount Raised Enam Securities Magma Fincorp Limited QIP in India, Section 4(2) Centrum Capital private placement in the United States and Regulation S placement outside India Morgan Stanley India IndusInd Bank Limited Concurrent QIP in India Company and Regulation S offering IDFC‐SSKI outside India Initial Public Offerings (“IPOs”) and Follow‐on Offers Dorsey acted as international counsel on the following matters: Client(s) Issuer Type of Transaction Amount Raised Kotak Mahindra The RBL Bank Limited IPO in India and concurrent RS. 12,130 million Capital Company Rule 144A offering (US$180 million) Axis Capital Citigroup Morgan Stanley HDFC Bank ICICI Securities IDFC Securities IIFL Holdings SBI Capital Markets Central Bank of India Central Bank of India Privatization, IPO and RS. 8,160 million Enam Financial Rule 144A offering (US$208 million) ICICI Securities Kotak Mahindra Capital Company Citigroup Global Markets India IDBI Capital Markets Services - 3 - Client(s) Issuer Type of Transaction Amount Raised Indian Bank Indian Bank IPO and Rule 144A offering RS. 7,821 million ICICI Securities (US$191 million) Kotak Mahindra Capital Company Enam Financial SBI Capital Markets Power Finance PFC Privatization, IPO and RS. 9,972 million Corporation Limited Rule 144A offering (US$243 million) (PFC) Bank of Baroda Bank of Baroda Follow‐on public offering RS. 16,330 million DSP Merrill Lynch and Rule 144A offering (US$375 million) Kotak Mahindra Capital Company JM Morgan Stanley Enam Financial HSBC SBI Capital Markets Karvy Investor Services Other underwriters Andhra Bank Andhra Bank Follow‐on public offering RS. 7,650 million Citigroup Global and Rule 144A offering (US$175 million) Markets India DSP Merrill Lynch Kotak Mahindra Capital Company Enam Financial SBI Capital Markets Union Bank of India Union Bank of India Follow‐on public offering RS. 4,950 million Citigroup Global and Rule 144A offering (US$110 million) Markets India DSP Merrill Lynch Kotak Mahindra Capital Company Enam Financial SBI Capital Markets - 4 - Client(s) Issuer Type of Transaction Amount Raised Citigroup Global Motilal Oswal Financial IPO and concurrent RS. 2,461 million Markets India Services Regulation S offering (US$51 million) outside of India Development Credit Development Credit Bank IPO and concurrent RS. 65.06 million Bank Regulation S offering (US$1 million) Enam Financial outside India JM Morgan Stanley DSP Merrill Lynch Infrastructure Development IPO and concurrent Rule Kotak Mahindra Finance Company 144A offering Capital Company Yes Bank Yes Bank Limited IPO and concurrent Rule DSP Merrill Lynch 144A offering Enam Financial Syndicate Bank Syndicate Bank Follow‐on public offering SBI Capital Markets and concurrent Enam Financial Regulation S offering outside of India JM Morgan Stanley SSKI Corporate Finance Oriental Bank of Oriental Bank of Commerce Follow‐on public offering Commerce and concurrent Rule 144A ICICI Securities offering DSP Merrill Lynch Kotak Mahindra Capital Company Citigroup Global Markets India Bajaj Capital SBI Capital Markets Allahabad Bank Follow‐on public offering DSP Merrill Lynch and concurrent Rule 144A ICICI Securities offering JM Morgan Stanley Kotak Mahindra Capital Company Enam Financial - 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