IndusInd Bank $681.38 million QIP issue

25/6/2015
Private placement of shares, Qualified institutional placement (QIP)

$ 681 million

Completed

25/6/2015


Overview:

  • IndusInd Bank has issued $681.38 million through a qualified institutional placement (QIP).
  • Morgan Stanley, JM Financial Institutional Securities and CLSA India, Citigroup Global Markets, Credit Suisse Securities, Goldman Sachs and JPMorgan acted as bookrunners.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal types:

Private placement of shares
Qualified institutional placement (QIP)

Practice areas:

Capital markets : Debt
Capital markets : Equity

Governing law:

India

Industry sector:

Financial services


Firm:

Party: IndusInd Bank (Issuer)

Lawyer: Sudhir Bassi