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The transaction team was involved in structuring, documentation, negotiations and providing advice on all relevant Indian legal matters in relation to the transaction. The transaction structure was unique as the financing was provided outside of the ECB framework.
CAM acts as lenders’ legal counsel to International Finance Corporation and India Infrastructure Finance Company Ltd.
Cyril Amarchand Mangaldas acted as lenders’ legal counsel to International Finance Corporation (IFC) and India Infrastructure Finance Company Ltd. (IIFCL), advising on a significant financing transaction.
The financing enabled implementation of an NCLT-approved resolution plan, facilitating creditor payments and the acquisition of full ownership and management control by an entity backed by Welspun Group and Ashdan Properties.
DEAL DETAILS Power Finance Corporation Limited | Project financing Khaitan & Co acted as the lenders legal counsel in relation to financial