Davis Polk advised HT Global IT Solutions Holdings Limited in connection with its Rule 144A/Regulation S offering of $85 million 7% senior notes due 2021. Davis Polk also advised HT Global in connection with its solicitation of consents to certain amendments to the indenture dated June 14, 2016, governing the $300 million 7% senior notes due 2021 and to certain waivers under the indenture.

HT Global is a single purpose investment holding company of Baring Private Equity Asia V Mauritius Holdings (4) Limited. HT Global is incorporated in Mauritius and holds 71.23% of the equity share capital of Hexaware Technologies Limited. Based in India, Hexaware is a mid-size global provider of information technology and business process management services and is listed on the BSE Limited and on the National Stock Exchange of India Limited.

The Davis Polk corporate team included partner William F. Barron, counsel Gerhard Radtke and registered foreign lawyer Xuelin (Steve) Wang. Partner John D. Paton, counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Associate Zixuan (Jennifer) Wang provided 1940 Act advice. Members of the Davis Polk team are based in the Hong Kong, London and New York offices.

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