Khaitan & Co advised Bank of Maharashtra on issuance of non-convertible debentures

Bank of Maharashtra has made an issue of non-convertible, taxable, listed, rated, redeemable, unsecured, fully paid-up, long-term bonds in the nature of debentures (Infrastructure Bonds) for aggregate total issue size not exceeding ₹811 crore, on private placement basis.

Khaitan & Co advised Bank of Maharashtra.

The transaction team consisted of Manisha Shroff (Partner), Riya Bhattacharjee (Partner), Anjuli Hora (Senior Associate), Arjita Agarwal (Senior Associate) and Nikunj Mehta (Associate).

Khaitan & Co has also advised Bank of Maharashtra on previous bond issuances.

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