CreditAccess Asia completes complex €95.4 million (US$102.8 million) multi-investor investment round
Client(s) CreditAccess Asia N.V.
Jones Day advised CreditAccess Asia, a micro-finance institution active primarily in India and SEA, on a complex €95.4 million (US$102.8 million) multi-investor investment round, involving (a) the conversion of outstanding bonds into equity; (b) the investment by Asian Development Bank, an international development bank; (c) the conversion of bonds held by a private equity fund Olympus Capital Asia; and (d) a further investment round by new investors.