Alstom Bharat Forge secures major loan

0
2003
Whatsapp
Copy link

A four-bank consortium has provided working capital facilities of ?30.5 billion (US$450 million) to Alstom Bharat Forge Power. The consortium was led by State Bank of India and included IDBI Bank, Axis Bank and ICICI Bank.

New Delhi-based Lex Favios advised the consortium on drafting, vetting and negotiating the facility agreement, inter-creditor agreement, authority letters, security trustee agreement, deed of hypothecation, indenture of mortgage, omnibus counter-guarantee and other related undertakings.

The team was led by managing partner Sumes Dewan, head of banking and finance Rupul Jhanjee and associate Varun Narad.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

Whatsapp
Copy link