Photo credits from left to right: Edward Braham, senior partner, Freshfields; Katie STenstrom, trainee solicitor, Freshfields; Shivagar Siva, associate, Freshfields; Keki Mistry, vice chairman & chief executive, HDFC; Nick Hayday, counsel, Freshfields; Thomas Capon, associate, Freshfields; Pratap Amin, partner, Freshfields; and Renu Karnad, managing director, HDFC.

Freshfields Bruckhaus Deringer and India’s AZB & Partners have advised on the world’s first “masala” bond, which listed this week on the London Stock Exchange (LSE).