Khaitan & Co advised Yes Bank Limited, Green Bridge Capital Pvt Limited and L&T Finance in relation to the issue by Essential Hospitality Private Limited of secured, rated, unlisted, redeemable, non-cumulative, taxable non-convertible debentures aggregating to INR 100 crores ($14.9m approximately) on a private placement basis.
Yes Bank is India’s fourth largest private sector bank and L&T Finance is a wholly owned subsidiary of L&T Finance Holdings limited and offers a spectrum of financial products and services for trade, industry and agriculture.
Manisha Shroff (Associate Partner), Madhuparna Dasgupta (Principal Associate), Oindrila Bhowmik (Associate), Shayan Dasgupta (Associate) and Ankit Chavan (Associate) advised on the Banking and Finance aspects and Abhishek Sharma (Partner) and Harsh Parikh (Principal Associate) advised on the Real estate aspects.
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