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

Shifting Sands – How Bank Managers have Joined the Alternative Finance Boom

09/03/2018Shifting Sands – How Bank Managers have Joined the Alternative Finance Boom

While many SMEs are worried about the transforming banking landscape, business leaders need not fear that all the experts are disappearing - they may just have to look elsewhere to find them.

Avoid Making These Common Small Business Mistakes

Corporate Social Responsibility

17/05/2023Avoid Making These Common Small Business Mistakes

All business owners make mistakes, whether they’re new business owners or seasoned professionals in charge of multi-million-dollar corporations. While everyone is capable of making mistakes, that doesn’t mean you can’t avoid certain ones by being well-in

Tax Becomes the Talk of the Town

28/05/2015Tax Becomes the Talk of the Town

Survey for 10th Annual Domestic Tax Conference C-suite, boards, investors, media and legislators all interested in tax.

Portugal: A Promising Future

22/01/2015Portugal: A Promising Future

Acoq is a consultancy firm situated in Portugal. They talk us through Portuguese economic recovery and the challenges it brings to their business.

Innovative Healthcare Benefits: How Medicare Enhances Employee Recruitment and Retention

01/09/2023Innovative Healthcare Benefits: How Medicare Enhances Employee Recruitment and Retention

In today’s rapidly evolving job market, where top-tier talent is in high demand and competition among employers is fierce, crafting a comprehensive employee benefits package has become a critical factor in attracting and retaining skilled professionals. Whil

Overcoming 5 Common Challenges in Higher Ed Mergers & Acquisitions

27/05/2025Overcoming 5 Common Challenges in Higher Ed Mergers & Acquisitions

Colleges and universities nationwide are struggling. When tuition and housing costs exceed what most families can afford, many will forgo higher education institutions and turn to trades or jobs right out of high school. Mergers and acquisitions (M&A) help

France: On the Rise

05/05/2016France: On the Rise

MSA Law was founded in 2013 and handles mergers and acquisitions (M&A), private equity, corporate governance, commercial litigation and restructuring matters.

Setting up a Franchise Business in Japan

02/10/2015Setting up a Franchise Business in Japan

Japan is one of the more mature franchise markets and has fully embraced franchising as a means for business growth. Today, the statistics show continuing expansion of franchising in the country.

Striving for Excellence in Banking

28/06/2017Striving for Excellence in Banking

Ben is a commercially astute banking executive with an outstanding PanAfrican track record of success in developing profitable business functions and turning around poorly performing ones. Following his success in the Manager of the Year – Kenya award, as pa

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