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Simpson Thacher represented The India Fund, Inc. in connection with the successful completion of its rights offering, which expired on August 4th. Proceeds to the fund from the offer totaled approximately $450 million. The offering, which was oversubscribed, entitled the fund's stockholders to subscribe for additional shares of its common stock. The offering was the largest rights offering by a closed-end fund without the assistance of a dealer-manager.

The fund is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in Indian equity securities. Blackstone Asia Advisors L.L.C., an affiliate of The Blackstone Group, serves as the fund's Investment Manager.

The Simpson Thacher team for this transaction included Cindy Cobden, Kathryn Gettles-Atwa and Jacob Tiedt (corporate) and Jon Cantor (tax).  Valuable assistance was also provided by Sheryl Milgraum, senior paralegal.