Money Matters Financial Services Limited (MMFS) has raised Rs. 445 crore (approximately $100 million) at Rs. 625.25 per share through QIP (Qualified Institutional Placement) which will aid it in furthering its debt market business.

J. Sagar Associates acted as the domestic legal advisor to the merchant banker i.e. Money Matters Financial Services with a team led by Partner Nosh Modi.

AZB & Partners acted as the domestic legal counsel to the book runners of the issue i.e. India Infoline Limited with Partner Shameek Chaudhuri and Senior Associate Kaushik Mukherjee.

DLA Piper acted as the international legal counsel with a team led by Partner Stephen Peepels.

MMFS is a debt market financial services company focused on providing advisory, consultancy and other related services to corporate and institutional clients in the areas of debt syndication, debt placement and financial restructuring. The Deal Curry reports MMFS also provides merchant banking and broking services through its subsidiaries.

The Business Standard reports global investment firms such as Morgan Stanley, Wellington, Fidelity and GMO have picked up 20.4 percent stake through the deal.

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