27 Nov 2025

Khaitan & Co advises Barclays Bank on subscription to SMFG India Credit Company NCDs

"Khaitan & Co advised Barclays Bank PLC on its subscription to listed, secured non-convertible debentures issued by SMFG India Credit Company Limited. The issue had a base size of ₹900 crore with a green shoe option of up to ₹500 crore and was placed on a private placement basis."

Khaitan & Co advised Barclays Bank PLC on its subscription to listed, secured non-convertible debentures issued by SMFG India Credit Company Limited. The transaction concerned the subscription to listed, secured non-convertible debentures (NCDs) issued by SMFG India Credit Company Limited, a wholly owned subsidiary of Sumitomo Mitsui Financial Group, Inc. The issue comprised a base amount of ₹900 crore, with a green shoe option allowing for an additional issuance of up to ₹500 crore, and was made on a private placement basis. Khaitan & Co represented Barclays Bank PLC with a team composed by: Manisha Shroff (Partner), Mohit Nad (Principal Associate), Akshansh Sharma (Senior Associate), Charul Lunia (Associate) and Satyawati Sinha (Associate).
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