{"id":380411,"date":"2026-04-08T11:00:20","date_gmt":"2026-04-08T05:30:20","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=380411"},"modified":"2026-04-08T11:54:05","modified_gmt":"2026-04-08T06:24:05","slug":"cam-advises-pnb-indianoil-adani-gas-3131-crore-loan","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/04\/08\/cam-advises-pnb-indianoil-adani-gas-3131-crore-loan\/","title":{"rendered":"Cyril Amarchand Mangaldas advised Punjab National Bank in relation to a rupee term loan facility extended to IndianOil-Adani Gas Private Limited of an amount up to INR 3131 Crores"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Cyril Amarchand Mangaldas (&#8220;<span style=\"font-weight: bold;\">CAM<\/span>&#8220;) advised Punjab National Bank in relation to a rupee term loan facility extended to IndianOil-Adani Gas Private Limited of an amount up to INR 3131 Crores comprising a inland letter of credit sub-limit of up to INR 500 Crores for procurement of capital goods and equipment, for the purposes of part-financing IOAGPL&#8217;s city gas distribution network projects across various geographical areas.<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction team was led by <span style=\"font-weight: bold;\">Amey Pathak<\/span>, <span style=\"font-style: italic;\">Partner (Head &#8211; Banking)<\/span>; <span style=\"font-weight: bold;\">Yash Jain<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; with assistance from <span style=\"font-weight: bold;\">Soumya Khurana<\/span>, <span style=\"font-style: italic;\">Senior Associate; and<\/span> <span style=\"font-weight: bold;\">Ghanshyam Patel<\/span>, <span style=\"font-style: italic;\">Associate.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">The financing supports expansion of city gas distribution networks across multiple geographical areas in India.<\/p>\n","protected":false},"author":67011,"featured_media":380425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[68835,100614,30960,101982,101981,88240,100616,101980,101979,101983,34955],"class_list":["post-380411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-cam","tag-cam-banking-and-finance-advisory","tag-cyril-amarchand-mangaldas","tag-energy-infrastructure-financing-india","tag-gas-distribution-network-funding","tag-indianoil-adani-gas","tag-infrastructure-financing-india","tag-inr-3131-crore-loan-india","tag-ioagpl-city-gas-distribution","tag-project-finance-india","tag-punjab-national-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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