Thursday, 28 August 2025 – CMS INDUSLAW acted as the Indian legal counsel to Sammaan Capital on the issuance of its Senior Secured Social Bonds aggregating to USD 300 million.
Sammaan Capital, one of India's largest mortgage-focused non-banking financial companies (NBFCs), is a technology-led lender providing India's first end-to-end digital home loans to more than 1.5 million homeowners across the country. This was one of a kind hard underwritten privately placed bond transaction. The bonds are listed on the India International Exchange IFSC Limited (India INX).
This transaction is significant in advancing social impact financing in India, enabling Sammaan Capital to further strengthen access to affordable housing finance across the country.
The CMS INDUSLAW advised teams comprising of the following:
- Capital Markets: Kaushik Mukherjee (Partner), Anumeha Agrawal (Senior Associate), Riya Sethia and Vaishnavi Tiwari.
- Banking & Finance: Nitika Jain (Partner), Devansh Doshi (Senior Associate) and Sai Akanksh Deekonda.
- Tax: Lokesh Shah (Partner) and Arya Jha (Associate).