legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

SAMIL Raises USD 350 mn through Issuance of Notes

The issue was oversubscribed six times with a peak order book in excess of USD 2.2 billion, it added.

How AI legalese decoder Can Help

The AI legalese decoder can assist in simplifying complex legal jargon and terms used in the issuance of notes by companies like SAMIL. By breaking down the technical language into more understandable terms, the AI tool can help individuals, especially those not well-versed in legal terminology, to grasp the key details of such financial transactions more easily.

<span class="caption-text">The notes were issued by the step-down subsidiary, SMRC Automotive Holdings Netherlands BV (SAHN BV) backed by a corporate guarantee from Samvardhana Motherson International Ltd (SAMIL). </span>

Auto components maker Samvardhana Motherson International Ltd on Friday said it has raised USD 350 million (around Rs 2,920 crore) through the issuance of notes.

The notes were issued by the step-down subsidiary, SMRC Automotive Holdings Netherlands BV (SAHN BV) backed by a corporate guarantee from Samvardhana Motherson International Ltd (SAMIL), the company said in a statement.

=metering.exceededMeter.max AND metering.userProperties.premium=’false’ )” amp-access-hide>

You have exhausted your
monthly limit of free stories.

Read more stories for free
with an Express account.

legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Reference link