Cases & Deals

IL&FS, Morgan Stanley, and JM Financial complete $245 million sale of Equity Shares of Rural Electrification Corporation Limited by Government of India

Clients IL&FS Capital Advisors Limited, Morgan Stanley India Private Limited, and JM Financial Institutional Securities Limited

Jones Day advised IL&FS Capital Advisors Limited, Morgan Stanley India Private Limited, and JM Financial Institutional Securities Limited in connection with the US$245 million sale of Equity Shares of Rural Electrification Corporation Limited by The Government of India.

Rural Electrification Corporation Limited is a leading public infrastructure finance company engaged in financing and promoting rural electrification projects across India.