Uttara M Kolhatkar

Uttara’s practice area is focused on Finance, and her specialization is Debt Capital markets, viz. Bonds, MTNs, FCCBs. Uttara specializes in Capital Market transactions, including, Initial Public Offerings, Rights Issues, Qualified Institutions Placements, and, international debt capital market transactions like standalone US$ Bond Issues, Global Depository Receipts Issuances and Foreign Currency Convertible Bond Offerings by Indian corporates and banks, in the public as well as private sector. Uttara has advised Indian Issuers as well as banks/ lead managers. Uttara has also advised clients in public issues of tax free bonds and commercial papers in the Indian debt markets.

Uttara has extensive experience in the international debt capital market sphere, with particular reference to issuances of off- shore/ foreign bonds by Indian corporates and banks including issuances of Global Medium Term Notes (MTN)/ Bonds by banks and corporates, including establishment of US$ and Australian Dollar MTN Programmes.

Uttara has advised clients on diverse kinds of offshore debt instruments ranging from Green Bonds, Formosa Bonds, Samurai Bonds, Masala Bonds, Additional Tier I Bonds, to name a few.

Uttara has been instrumental in assisting and advising clients on listing of Euro and Global Medium Term Note Programmes and US$ Bonds on BSE’s India International Exchange and NSE’s IFSC, being India’s International Exchanges, which have been recently established in India’s GIFT IFSC.

Uttara commenced her career with Crawford, Bayley & Co, as a Solicitor. She has completed almost 20 years in corporate practice as a Solicitor. Uttara is qualified to practice as a Solicitor in India as well as the Senior Courts of England & Wales. Uttara has been with us for almost 15 years.

Uttara’s practice also covers diverse areas of Corporate Commercial law including Foreign Investment, Joint Ventures and Capital Market transactions. She has also advised clients on transactions of the nature of Mergers & Acquisitions and Private Equity investments, as well as on Projects involved in the ‘Infrastructure’ sphere.

IFLR1000 has recognized Uttara Kolhatkar as a ‘Highly Regarded’ in Capital Markets: Debt,Capital Markets: Equity & M&A practice areas.

• Uttara advised Export-Import Bank of India (EXIM) in connection with the dual – tranche issue of ¥25,000,000,000 and ¥7,000,000,000 Japanese Yen Bonds (Samurai Bonds).
• Uttara advised Indian Railway Finance Corporation (IRFC) in connection with the issue of USD 1 Billion Bonds in dual tranches of US$ 700 Million (10 years) and US$ 300 Million (30 years) Bonds under IRFC’s US$ 2 Billion Global Medium Term Note (MTN) Programme.
• Uttara advised Export-Import Bank of India (EXIM) in connection with the dual – tranche issue of ¥25,000,000,000 and  ¥7,000,000,000 Japanese Yen Bonds (Samurai Bonds).
• Uttara advised Export-Import Bank of India in connection with its issue of US$1 billion 3.875 per cent. Notes due 2028 under the US$10 Billion Global Medium Term Note Program.
• Uttara advised State Bank of India in connection with its Issue of US$ 300 Million Additional Tier 1 Notes acting through its Dubai International Financial Centre Branch under the U.S.$10 Billion Medium Term Note Programme.

• B. A. (History Honours), Lady Shri Ram College, University of Delhi, India
• LL. B., Government Law College, University of Bombay, India