Lex Favios




Lex Favios debuts as a notable firm in the capital markets table and remains steady in the banking and finance, and corporate and M&A rankingsThe firm, the exclusive India member of Legal Netlink Alliance, brandishes industry strengths in financial services, power, renewable energy, oil and gas and defence. Managing partner Sumes Dewan is a corporate and finance specialist.

Corporate and M&A

Work highlights 

Represented Novezo Consulting with respect to its acquisition of HCL Infosystems. 

Assisted SD Hotels & Hospitality Private, Bhutan on its establishment and opening up of the JW Marriot in Thimpu. 

Capital markets

Work highlights 

Advised Reliance Chemotex on its rights issue where ICICI was the lead arranger.  

Acted for Geophysical Sub-Strata on its listing on the Singapore Stock Exchange. It established a $400 million guaranteed multicurrency MTN programme and issued $151.5 million guaranteed MTNs.  

Represented Cybermate Infotek on its issueance of $10.5 million 1% foreign currency convertible bonds due 2022, convertible into shares int eh company and listing on the Luxembourg Stock Exchange. 

Banking and finance

Work highlights 

Advised State Bank of India as the lender of a COVID facility extended to Gravita India.  

Acted for the Tourism Finance Corporation on its rupee term loan to Uflex with a guarantee provided by AR Airways Private.  

Assisted Ummeed Housing Finance on its series D equity raising by Morgan Stanley and existing investor, LGT Impact.