Vodafone Idea issues ₹3,300 crore NCDs with legal advisory support
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- NCDs worth
- ₹3,300 crore
Vodafone Idea Telecom Infrastructure Limited has successfully issued non-convertible debentures (NCDs) worth ₹3,300 crore. The issuance was supported by Cyril Amarchand Mangaldas, advising on the legal aspects, while JM Financial Products acted as the transaction advisor. This funding is expected to enhance Vodafone Idea's financial stability and operational capacity.
• Transaction details: Unlisted, unrated, secured, and redeemable NCDs
• Advisory team: Led by Subhojit Sadhu with contributions from key partners and associates.
Not investment advice. For informational purposes only.