Cyril Amarchand Mangaldas advised SBI on debt availed by JSW Sambalpur Steel Limited for part financing its purchase of the steel business undertaking of Bhushan Power & Steel Limited
Cyril Amarchand Mangaldas advised State Bank of India on ₹12,000 crore term debt extended to JSW Sambalpur Steel Limited for part financing the acquisition of Bhushan Power & Steel Limited’s steel business undertaking through a slump sale on a going concern basis.

