Private Credit / Structured Finance
Our private credit practice is focused on advising global credit funds and special situation funds on primary and secondary credit investment opportunities in India.
Our team members have designed some of the most innovative products and structures for large institutional investors and global sponsors investing in structured credit products. From pioneering the corporate bond product to executing complex structured credit transactions, members of the team have an exceptional understanding of the regulatory, insolvency, litigation, and tax issues critical to navigating the private debt investment cycle.
We have structured onshore and offshore vehicles for some of the largest global private credit funds. This includes non-banking finance companies, credit-focused alternative investment funds, securitisation trusts for standardised debt products, and platforms for asset reconstruction companies for sub-standard debt products.
We believe our edge in private credit is primarily driven by the following:
A specialism that we take pride in is our understanding of cross-border tax issues. The role of a tax advisor has generally been by accounting firms, but each tax position taken needs to be validated under law. In our prior dealings, we have seen lack of tax-enabled advisory as a huge handicap in managing high-stakes transactions. In many cases, our understanding of the multi-jurisdictional tax laws coupled with commercial and market sounding approach has often helped in breaking deadlocks (or assisted in taking critical commercial calls) necessary to consummate transactions in India.