TT&A

India

Analysis

Overview

Known in the market for its past collaborations with Linklaters, TT&A proves its leading firm status by remaining an ‘Outstanding’ firm for banking and finance and moves up a notch in the private equity table. Its capital markets practice is highly regarded for its quality, focused specialism in debt issuances, including masala bonds, and structured high-yield transactions. Partners Sonali Mahapatra, Rituparno Bhattacharya, Nidhi Rani and Rahul Gulati form one of the country’s most well-regarded teams for banking and finance. Last year, the firm was bolstered by the arrival of banking and corporate powerhouse Gautam Saha and a team of five partners from AZB & Partners.

Private equity

Work highlights 

Represented SCI Investments VIII on its investment in Teacher Tools.  

Advised Courtside Ventures III on its $3 million investment into 91GameFi.  

Corporate and M&A

Work highlights 

Advised HSBC on its acquisition of L&T’s mutual fund business for $425 million. 

Capital markets

Work highlights 

Advised Apollo Global Management on the issuance of senior secured USD notes by Mumbai International Airport.  

Banking and finance

Work highlights 

Advised HSBC, MUFG and Standard Chartered Bank in connection with a term loan facility of up to $1.2 billion availed by an offshore subsidiary of Biocon Biologics.  

Acted for Asian Development Bank on its term loan facility to Nhava Sheva Freeport Terminal 

Key clients 

ADB, Bank of America, Barclays, Goldman Sachs, KKR, Macquarie, Nayara Energy, Nomura, Orion Capital, Tata Sons.