Nishith Desai Associates advised Caspian Impact Investments (CII) on its $20m debt financing from the US government’s development finance institution Overseas Private Investment Corporation (OPIC), which was advised by Trilegal. NDA Mumbai partner Nishchal Joshipura and associates Sahil Shah and Nik...

Linklaters and Talwar Thakore Associates (TTA) advised the lending and underwriting banks on Tata Steel UK Holdings, which took a term loan and revolving credit facilities of $3.05bn to refinance its bank debt. Linklaters London partner Narayan Iyer, who had rejoined Linklaters a year ago from TTA, ...

J Sagar Associates (JSA) advised Chennai-based industrial salt producer Archean Salt Holdings in borrowing Rs 135 crore ($22m) from Kohlberg Kravis Roberts (KKR), which was advised by Luthra & Luthra. JSA Chennai partner Aarthi Sivanandh and senior associates Tamara Devanandan and Bhavana Eliza...

Khaitan & Co and Clifford Chance Hong Kong advised HSBC’s Hong Kong branch on its $30m term loan facility to the State Bank of India’s Shanghai branch for general corporate purposes. Khaitan banking partner Devidas Banerji (who joined the firm from CC in 2010 ) and Clifford Chance partner Matth...

Fox Mandal advised state-owned power financer Rural Electrification Corporation (REC) in extending Rs 8,775 crore ($1.6bn) to the NTPC and Bihar State Electricity Board (BSEB) joint venture Nabhinagar Super Thermal Power Project. Fox Mandal Delhi banking and finance partner Rajesh Sehgal with senior...

Trilegal advised ICICI Bank and a consortium of lending banks in the Rs 8,300 crore ($1.5bn) debt restructuring of Mumbai-based engineering and construction major Hindustan Construction Company (HCC) which was advised by Amarchand Mangaldas.

Khaitan & Co advised public sector undertaking Nuclear Power Corporation of India (NPCIL) in its external commercial borrowing (ECB) of Rs 1,343 crore ($250m) from State Bank of India, Singapore which was advised by Baker & McKenzie Wong & Leow and Dua Associates.

Khaitan & Co, J Sagar Associates (JSA) and White & Case have advised exchange and trading technology provider Financial Technologies on its $200m debt funding by Deutsche Bank AG.

India Law Services (ILS) has advised IDBI and six other banks on an ECB (external commercial borrowing) loan transaction involving $350m borrowings to Tata Teleservices in Maharashtra. Tata Teleservices, which also operates GSM services as the Tata DOCOMO enterprise, handled the legal advice through...

Exclusive: Amarchand Mangaldas and AZB & Partners advised on Tata Power’s $450m (Rs 2,000 crore) hybrid bond, which is the first such issue denominated in US Dollars by an Indian corporate.

Exclusive: Khaitan & Co has closed the corporate debt restructuring (CDR) of roughly Rs 2,500 crore ($550m) of outstanding debts of former Satyam-owned Maytas Infrastructure following the company’s agreement with the lender banks in June this year.

Start-up firm Axon Partners LLP has closed nearly a year restructuring roughly $2bn of debt of steel producer Jindal Stainless (JSL), with Amarchand Mangaldas and Clifford Chance jointly advising a variety of lending banks.

Majmudar & Co and UK firm TLT have acted as legal counsel to the lender Punjab National Bank (International) Limited [PNBIL] in two cross-border loans to finance the acquisition and operation of US-based and Indonesian mining groups.

Majmudar & Co and Herbert Smith have assisted port infrastructure company Essar Shipping Ports & Logistics Limited in launching their foreign currency convertible bonds (FCCBs) issuance of $280m last month.

Khaitan & Co’s recent White & Case lateral hire has advised Reliance Industries and Infotel Broadband Services on a $500m loan to finance its broadband wireless access (BWA) auction win. Linklaters and Juris Corp advised the lead lender RBS.

Bristol-headquartered TLT has bagged the advice for a syndicate of Indian banks on a $110m dollar loan to Indus Gas alongside Amarchand Mangaldas, with the regional UK firm benefiting from its niche banking pitch.

J Sagar Associates (JSA) and Trilegal have completed mobile phone operator Aircel’s Rs 2,000 crore ($449m) commercial paper fundraising to part-finance the telecom operator’s upcoming 3G licence auction.

Phoenix Legal has acted on a Rs 308m ($6.5m) microfinance securitisation of 42,000 micro-loans for IFMR Capital.

India’s largest mortgage lender Housing Development and Finance Corporation (HDFC) has issued India’s first ever dual warrants and bonds instrument, which was structured by AZB & Partners, Amarchand Mangaldas and Linklaters Singapore to raise Rs 4000 crore ($822m) for the company.

Clifford Chance has cemented its ties to Air India, acting on the $1bn (Rs 4,900 crore) asset finance loan from JPMorgan Chase, which was advised by Milbank Tweed Hadley McCloy.