Neha Saran

Partner, London



Neha is a partner in the Capital Markets group in London. Neha's practice includes representing financial institutions, corporates and sovereign issuers on a range of cross-border capital markets transactions with a particular emphasis on regulatory capital issuances and liability management exercises.

Prior to joining White & Case, Neha practiced in the London offices of a Magic Circle law firm.

Bars and Courts
England and Wales
New Dehli, India
National Academy of Legal Studies And Research University


The Co-operative Group and The Co-operative Bank on the issuance of debt instruments as part of the recapitalisation plan for the Bank in 2013, which involved a consensual bail-in of subordinated debt (the first of its kind in the UK).

Fastighets AB Balder on its offering of €350 million Subordinated Fixed to Reset Rate 5.5 year Non-Call Capital Securities due 2078.

Tata Power Company Limited, India's largest integrated private power company through its wholly owned subsidiary - Bhira Investments Limited as Issuer, on a US$450 million hybrid capital offering of 8.5% due 2071 non-callable for 5 years (Regulation S Bond) guaranteed by Tata Power. This offering was the first ever US dollar denominated corporate hybrid to be issued by an Indian issuer.

The bookrunners on Banca Carige's recapitalisation comprising €544 million capital increase and a liability management exercise in relation to €510 million of subordinated bonds, generating additional CET1 for Banca Carige.

Storebrand Livsforsikring AS on €300 million resettable Fixed/Floating Rate Dated Subordinated Notes due 2043.

BG Energy Capital plc on its triple-tranche 6.5% £600 million, 6.5% €500 million and 6.5% US$500 million issuance of corporate hybrid securities.

Punjab National Bank (International) Limited on issuance of its Tier 2 instruments.