New Delhi: IndoSpace Core, which owns industrial and logistics parks across major cities in the country, on Wednesday said it has raised Rs 1,000 crore from HSBC to fund its existing green projects. IndoSpace Core has about 13 million square feet land across 14 industrial and logistics parks in Pune...

According to Khaitan & Co, Bank of Baroda extended financial assistance to JSW Steel “in the form of term loan for a sum not exceeding of INR 1294.65 crores and bank guarantee facility for a sum not exceeding INR 1000 crores for the purpose of financing the upfront payment obligations of JSW un...

In the first instance of resolution of a stressed power asset outside the insolvency and bankruptcy code (IBC) mechanism where the promoters have retained management control, a consortium of lenders led by Power Finance Corporation (PFC) has agreed to take a 38% haircut against their exposure of Rs ...

AMNS Luxembourg Holding S.A., the joint venture between Nippon Steel Corporation and ArcelorMittal has entered into a $5.14 billion (about Rs 38,000 crore) term loan agreement to refinance a loan taken for acquiring the erstwhile Essar Steel India, now renamed as ArcelorMittal NipponSteel India (AM/...

Jerome Merchant + Partners represented Crestline Direct Finance, as Indian counsel, in connection with a $50m acquisition finance loan facility provided for the acquisition of a multinational software company with operations in India and the US. Jerome Merchant + Partners advised Crestline Direct Fi...

Jerome Merchant + Partners represented Crestline Direct Finance, as Indian counsel, in connection with a $100m acquisition finance loan facility provided for the acquisition of a multinational healthcare company with operations in India and the US. Jerome Merchant + Partners advised Crestline Direct...

International Finance Corporation, the private-sector investment arm of the World Bank, plans to make a debt investment of up to Rs 106 crore ($15 million) in Hyderabad-based Dodla Dairy Ltd, it said in a disclosure. — VCCircle AZB & Partners advised International Finance Corporation (IFC) led ...

JM Financial Products Limited and JM Financial Credit Solutions Limited, both non-banking financial companies, have issued four loans to the Gaursons Group of companies. KNM & Partners advised JM Financials led by a team of senior partner Rakesh Gupta ; principal associate Tanuj Hazari . This d...

JM Financial Credit Solutions Limited, a non-banking financial company, has made four loan transactions with the Paramount Group. KNM & Partners advised JM Financial led by a team of senior partner Rakesh Gupta ; principal associate Tanuj Hazari . This deal has not been reported by any mainstre...

“Dhaka Bank to get $55m from IFC for expansion: Dhaka Bank has recently signed $55 million facilities agreements with International Finance Corporation,” reported The Daily Star . AZB & Partners advised International Finance Corporation (IFC) led by a team of partners Gautam Saha and Pallavi Me...

“The government has succeeded in raising Rs 14,500 crore through the Bharat-22 Exchange Traded Fund (ETF) which received bids worth a staggering Rs 32,000 crore, the highest ever for a mutual fund. The government had launched the Bharat-22 ETF comprising stocks of blue-chip public sector companies i...

KKR India Asset Finance, the realty-focused investment unit of global PE Firm KKR & Co. have invested INR 500 crores (USD 82 million) in a township project of the Bangalore-based Bhartiya City Developers Group by extending a term loan facility, as reported by Mint.

The Michael & Susan Dell Foundation (MSDF), along with Aspada Investment Company have raised INR 6.7 crores (USD 1 million) through the acquisition of debentures in Chennai-based school financing firm Shiksha Financial Services, a non-banking financial company focusing on school and student loa...

KKR India Financial Services, Indian non-banking financial company of US private equity firm KKR & Co, has extended debt of Rs 125 crore (USD 19 million) through a three-year credit facility to Accord Builders, a part of the Mumbai-based Omkar Realtors group, as reported by The Economic Times & Mint. The funds are to be utilised for construction and development of two residential projects in Mumbai.

Dutch development bank, FMO has raised close to Rs 200 crore (approximately $30.5 million) in debt through subscription of non-convertible debentures issued by renewable energy firm Azure Power India, as reported by Mint.

“GMR Goa International Airports Limited (GGIAL), subsdiary of GMR Airports has today, successfully executed a debt facility arrangement for the development of the greenfield project at Mopa in north Goa by signing a common loan agreement with Axis Bank. The bank will provide the company with Rs 1330 crore,” reported the Economic Times.

Juris Corp partner Veena Sivaramakrishnan , senior associate Saurabh Sharma and associate Vedika Lakhotia acted for Standard Chartered in a mixed fund-non-fund $20m loan.

“A week after the Essar group signed a mega $12.9bn deal to sell Essar Oil and Vadinar Port to Rosneft of Russia, three banks — ICICI Bank, Axis Bank and Standard Chartered Bank — have received over $2.5bn (around Rs 16,750 crore) from the Essar group towards repayment of loans to Essar Global,” reported the Indian Express.

“Piramal Fund Management Pvt. Ltd will invest Rs 2,320 crore in Lodha Developers Pvt. Ltd’s signature World Towers project in central Mumbai, it what is probably the single largest debt financing deal in Indian real estate. A part of this money will be used to repay debt and the remaining will be used to complete construction of the project.”

PDS Legal and Desai & Diwanji together acted for the Wadia group-owned airline GoAir in its order to buy another 72 Airbus 320 NEO aircrafts for around $7.7bn.