Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Allen & Overy Advises on Exim India’s Inaugural U.S. Dollar Green Bond

Posted 6th May 2015

Allen & Overy Advises on Exim India’s Inaugural U.S. Dollar Green Bond

Allen & Overy has advised Bank of America Merrill Lynch and J.P. Morgan as joint bookrunners on Export-Import Bank of India’s inaugural USD500 million Regulation S green bond issue.

Scroll to keep reading

Allen & Overy Advises on Exim India’s Inaugural U.S. Dollar Green Bond

Allen & Overy Advises on Exim India’s Inaugural U.S. Dollar Green Bond

View Biography

View Biography

View Biography

Debt Provider – Kalpana Morparia

Debt Provider – Kaku Nakhate

Legal Adviser to the Vendor – Amit Singh

Allen & Overy has advised Bank of America Merrill Lynch and J.P. Morgan as joint bookrunners on Export-Import Bank of India’s inaugural USD500 million Regulation S green bond issue. The transaction marks the first USD-denominated green bond out of India as well as the first benchmark-sized green bond out of Asia in 2015.

The proceeds of the bond issue will be used to fund eligible green projects in countries like Bangladesh and Sri Lanka. The issuer is aiming for the bonds to qualify for inclusion in the Bank of America Merrill Lynch Green Bond Index.
Green bonds are becoming an important new market as an increasing set of investors seek more socially responsible investment options. The demand for green bonds was initially driven by multilateral development banks. However, public institutions, utilities, corporations and financial institutions are developing an appetite for the product.

Amit Singh led the Allen & Overy team from Hong Kong with support from lawyers Paul Porter, Garrick Merlo and Debolina Saha.

Commenting, Allen & Overy partner Amit Singh said: “We are pleased to have had the opportunity to advise on Exim India’s first USD green bond issue. This is a significant deal as it reflects a growing demand for this product worldwide. We were especially delighted to work on this landmark transaction as it reflects in small measure our own commitment as a firm to the environment. The documentation requirements for this product are evolving and we expect to be involved in many more green bond issues over the next few years.”

Categories: Finance, Legal

You Might Also Like

Understanding Restrictive Agreements

03/09/2019Understanding Restrictive Agreements

Section 59 of the Federal Competition and Consumer Protection Act, 2018 (“the Act”) prohibits agreements/ arrangements (“Agreements” or “Arrangements”) amongst undertakings (“Undertakings”) and decisions (“Decisions”) by associations of und

How to Write a Grant Proposal For Non-Profit Projects

10/11/2022How to Write a Grant Proposal For Non-Profit Projects

Grant writing can be a daunting task. If you’ve never written a grant proposal before the idea of putting one together can be overwhelming. This article will cover the proposal writing process from start to finish, with tips and best practices along the way.

Enhancing Workplace Efficiency and Security with Smart Lockers

22/08/2023Enhancing Workplace Efficiency and Security with Smart Lockers

In today’s rapidly evolving workplace landscape, the integration of technology has revolutionized various aspects of business operations. One such innovation that has gained remarkable prominence is the utilization of smart lockers. These intelligent sto

SEO Tactics that Will Help Boost a Business

23/11/2021SEO Tactics that Will Help Boost a Business

If you own a small business, you know how hard it can be to stand out from the crowd. An excellent way to boost your business is through SEO tactics that will help increase online visibility in search engines.

Cross-Border M&A Is Hot, but There’s a Trap for Tax Planners

10/09/2015Cross-Border M&A Is Hot, but There’s a Trap for Tax Planners

Cross-border mergers and acquisitions are at their hottest pace since before the financial crisis. In fact, M&A volume was $1.10 trillion in 2014, up from $775.3 billion in 2013 and the highest since 2008.

Making Mobile Devices More Magnificent

05/01/2021Making Mobile Devices More Magnificent

Resonant is changing the way that radio frequency (RF) filters are designed and, in the process, has disrupted and transformed the market and supply chain for RF front-ends (RFFE). The company has used these tools to develop XBAR, a new resonator technology th

CFO of the Year

02/02/2016CFO of the Year

Syncsort is one of the largest big-data companies and oldest software companies in the market, drawing on it wealth of experience to provide unique solutions.

LinkedIn Outbound Sales Tactics

08/04/2024LinkedIn Outbound Sales Tactics

The battle for the customer is never-ending. If your company used to be inbound-only but could use some help, appending outbound sales tactics will infuse fresh ideas into your strategy. With the slight difference in who initiates the sales process (whe

Cruz Marcelo & Tenefrancia

31/08/2016Cruz Marcelo & Tenefrancia

Cruz Marcelo & Tenefrancia is a full-service firm with proven expertise in different practice areas such as corporate and commercial law, intellectual property, litigation and dispute resolution, to name just a few.

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS