Jian Johnson

Jian is a part of the Financing and Financial Services Regulatory Practice at Cyril Amarchand Mangaldas and has over 15 years of experience in banking and financial services including at a leading Indian bank.

His areas of expertise include banking, financial services including financial regulatory, M&A, derivatives, project finance and securitization.

Jian has worked extensively on transactions pertaining to:

Project and Infrastructure Finance (predominantly syndicated financings in road, airports, power, mining, ports and transmission sectors in India);
Fixed Income Markets (arranging and underwriting domestic public bonds issuances and private placements, international bond issuances for Indian issuers, and enforcement of bond defaults);
Derivatives and Bullion (ISDA Master Agreement negotiation in Indian and international markets, trade and confirmation structuring in IRS, FX and Credit Derivatives, Margin Documentation (VM and IM), and Clearing and PB Documentation including ISDA / FIA CDEA and Master Give-Up Agreements and bullion sale).
Strategy / M&A / Investments.
Securitization (PTC and direct assignment structures with underlying standard asset mortgage, vehicle, gold and unsecured retail loans, including multi-originator structures, and structured corporate securitization transactions);
Capital Issuances (including GMTN Programme, IPOs of life & general insurers and stockbroker, foreign currency bilateral and syndicated term borrowings including Export Credit and other programme assistances, and domestic term and refinance borrowings); and
Capital Markets Finance and PCM operations (working capital and intra-day finance for trading members and Clearing Corporations, PCM operations including margin).
Jian is also actively involved in recommending and commenting on various financial sector reforms, including changes to Companies Act, 2013 proposed by the Companies Law Committee – 2016, IBC, proposed Indian Financial Code, DPDP Act, IFSCA Act. etc.

Relevant Experience

IPO of ICICI Prudential Life Insurance Company Limited, the first IPO in the insurance sector in India (2016).
IPO of ICICI Lombard General Insurance Company Limited, the first IPO in the general insurance sector in India (2017).
IPO of ICICI Securities Limited (2018).
ICICI Bank’s INR 150 billion qualified institutions placement (2020).
Issuance of USD 1 Billion senior unsecured notes under ICICI Bank’s GMTN Programme (November 2010) and administering the USD 7 Billion GMTN Programme of ICICI Bank.
Joint venture between ICICI Bank, Axis Bank, VISA, Amazon and Pine Labs for Mopay Services Private Limited, a proposed pan-India Umbrella Entity (2021).
Enforcement of bond defaults including winding up, DRT and IBC proceedings in Punj Lloyd Limited (2018 – 19) and Dewan Housing Finance Limited (2019).
Structuring, negotiating and administering ICICI Group’s strategic investments and joint ventures, including in insurance (ICICI Prudential and ICICI Lombard), mutual fund / asset management (ICICI Prudential), infrastructure debt fund (Infradebt), NUE / payment ecosystem (MoPay), ARC (ARCIL), credit card rewards (PAYBACK), PoS (ICICI Merchant Services) and payments bank (Fino).