Shardul Amarchand Mangaldas advises YES Bank in granting financial assistance to Altamount Road Property Private Limited for an amount aggregating to INR 215 Crore

Shardul Amarchand Mangaldas & Co. advised YES Bank in granting financial assistance by way of a rupee term loan facility to Altamount

Shardul Amarchand Mangaldas & Co. advised YES Bank in granting financial assistance by way of a rupee term loan facility to Altamount Road Property Private Limited. The assistance was availed for the construction of an industrial and logistical park in two phases. The deal was valued approximately at USD 264.46 million and the expected date of closing the deal was 23 January 2023.

The transaction team was led by Debashree Dutta, Partner; Arijit Sarkar, Principal Associate; Nainesh Singh, Senior Associate; and Sanidhya Parashar, Associate.

About Shardul Amarchand Mangaldas & Co.:

Shardul Amarchand Mangaldas & Co., founded on a century of legal achievements, is one of India’s leading full-service law firms. The Firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation, and collaboration. SAM & Co. is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & bankruptcy, dispute resolution, capital markets, banking & finance, and projects & infrastructure.

The Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, the Firm has over 750 lawyers including 161 Partners, offering legal services through its offices at New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru, and Chennai.

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