Khaitan & Co acted as legal advisors to Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) ("Issuer") for the public issue of secured, redeemable, non-convertible debentures aggregating to INR 1,000 million. The principal amount of the NCDs to be issued in terms of the issue documents together with all interest due and payable on the NCDs, thereof shall be secured by way of hypothecation creating a pari-passu charge on the assets of the company comprising of loans and advances, receivables, investments, current & other assets held by the Issuer.
The core team consisted of Soumya Mohapatra (Partner), Gyana Pathak (Associate), Jhanvi Shah (Associate), Mayank Chaturvedi (Associate) and Mishi Malhotra (Associate).