ZBA in India is known for its banking and capital markets expertise.
In banking recently the firm advised on several confidential mandates, often acting for the lenders.
Capital markets highlights include advising Axis Bank on its medium-term note (MTN) programme; assisting an oil and gas exploration and production company on a foreign currency notes issue; and advising the Rural Electrification Corporation on its medium-term note programme.
Recent Deal Data highlights
• Axis Bank MTN programme
• Bharat Petroleum Corporation $211 million secured non-convertible debentures issue
• Glenmark Pharmaceuticals $100 million foreign currency convertible bond buyback
• Indian Railway Finance Corporation MTN programme
• Muthoot Capital Services $34.38 million debt securitisation
• Oil India $550 million 5.125 % bond issue
• Rural Electrification Corporation MTN programme
• Rural Electrification Corporation $300 million 4.625% bond issue
"Overall excellent - very clear and concise advice and the written memorandum that we received was among the highest quality from the large number of local counsel we have used in multiple jurisdictions. Also very helpful in providing high-level overview/advice in conference calls.” – Banking and finance
“Very strong in banking and finance.” – Banking and finance
“Niloufer has successfully used the ZBA platform to start her own DCM practice. She is very proactive and hands-on. I understand she is getting traction and winning mandates on large deals.” – Capital markets
“Competitive fee arrangement and responsive service.” – Capital markets
“Our experience with ZBA has been excellent. Niloufer Lam and her team understand debt capital markets and banking transactions both from a legal and practical/commercial perspective. The solutions provided by them get to the crux of the matter simplifying the legal and regulatory challenges in India. What we really appreciate when working with Niloufer and her team is that they helped us with solutions outside their scope of work - some of them have worked in banks as well as law firms, so they understand products across all financing types. They are extremely responsive (turning around documents in 2 hours often). They are available for calls whenever we need, and we trust their advice. They have good judgment. Although the firm isn't that big, they seem to have an infrastructure that supports the required service.” – Capital markets
“ZBA was helpful in the deal. For a couple of tricky concerns, ZBA not only gave us the applicable law but also made us aware of ways to mitigate the risks. They also make themselves available most of the time.” – Capital markets