Cases & Deals

Kotak Mahindra, HSBC Securities and SBI Capital Markets underwrites INR 2.8 billion IPO by Mahindra Holidays & Resorts India

Clients Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited and SBI Capital Markets Limited

Jones Day represented Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited and SBI Capital Markets Limited in connection with the INR 2.8 billion (US $60 million) of Equity Shares in an initial public offering in India and concurrent Rule 144A and Regulation S offering by Mahindra Holidays & Resorts India Limited, a vacation ownership provider in India.

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