{"id":310696,"date":"2024-01-04T13:00:55","date_gmt":"2024-01-04T07:30:55","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=310696"},"modified":"2024-01-04T12:46:14","modified_gmt":"2024-01-04T07:16:14","slug":"khaitan-co-advises-bandhan-bank-ltd-on-the-grant-of-a-term-loan-facility-of-upto-inr-350-crore-to-jsw-steel-coated-products-ltd","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/01\/04\/khaitan-co-advises-bandhan-bank-ltd-on-the-grant-of-a-term-loan-facility-of-upto-inr-350-crore-to-jsw-steel-coated-products-ltd\/","title":{"rendered":"Khaitan &amp; Co advises Bandhan Bank Ltd on the grant of a term loan facility of upto INR 350 crore to JSW Steel Coated Products Ltd"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"text-align: center; font-weight: bold; font-size: 16.0pt; margin-bottom: 3%;\">DEAL DETAILS<\/p>\n<table style=\"border-bottom-style: none; border-left-style: none; border-right-style: none; border-collapse: collapse; border-top-style: none; margin-left: 0.0mm; margin-right: auto; table-layout: auto; width: 198.84mm; margin-bottom: 3%;\">\n<colgroup>\n<col width=\"751\"\/>\n<\/colgroup>\n<tbody>\n<tr>\n<td valign=\"top\" colspan=\"1\" style=\"background-color: #d3d3d3; border-bottom-width: 0.85pt; border-bottom-style: solid; border-bottom-color: #000000; border-left-width: 0.85pt; border-left-style: solid; border-left-color: #000000; border-right-width: 0.85pt; border-right-style: solid; border-right-color: #000000; border-top-width: 0.85pt; border-top-style: solid; border-top-color: #000000; padding-bottom: 0.69mm; padding-left: 0.69mm; padding-right: 0.69mm; padding-top: 0.69mm; vertical-align: top; width: 198.84mm;\">\n<p style=\"margin-bottom: 0.0mm; font-weight: bold; font-size: 11.0pt;\">Bandhan Bank Limited | Term loan facility<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-bottom: 3%;\">Khaitan &amp; Co advised Bandhan Bank Limited (&#8220;Lender&#8221;) on the grant of a term loan facility of upto INR 350 crore (&#8220;Facility&#8221;) to JSW Steel Coated Products Limited (&#8220;Borrower&#8221;). The Facility is to be utilized by the Borrower for its general business purposes, working capital and\/or net working capital requirements and is secured by a charge over certain immovable and moveable fixed assets of the Borrower situated at Vasind Works, Maharashtra.<\/p>\n<p style=\"margin-bottom: 3%;\">The core team consisted of Manisha Shroff (Partner), Arijit Sarkar (Principal Associate), Akhil Tiwari (Senior Associate), Aparna Arya (Associate) and Chhavishree Somani (Associate).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DEAL DETAILS Bandhan Bank Limited | Term loan facility Khaitan &amp; Co advised Bandhan Bank Limited (&#8220;Lender&#8221;) on the grant of a <\/p>\n","protected":false},"author":8808,"featured_media":310710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[64073,41118,50442,64075,6791,50057,64074,29967],"class_list":["post-310696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-bandhan-bank-ltd","tag-borrower","tag-deal-details","tag-jsw-steel-coated-products-ltd","tag-khaitan-co","tag-lender","tag-term-loan-facility","tag-working-capital"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Khaitan &amp; 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