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Some of the key assignments in these areas handled and being handled by Divyanshu amongst others, cover the following:

• Advised Oravel Stays in USD 660 million Term Loan B debt financing from global institutional investors.
• Advised the committee of creditors of Indian Steel Corporation Limited in its insolvency resolution and acquisition by AM Mining India, a part of the ArcelorMittal Nippon Steel joint venture, under the IBC.
• Advised the Resolution Professional in relation corporate insolvency resolution of Bhushan Energy Limited and C&C constructions Limited.
• Advised State Bank of India led consortium of lenders in relation to debt restructuring of Bharati Shipyard Ltd under the Reserve Bank of India’s debt restructuring schemes.
• Advised Key Safety Systems Inc. (“KSS”) on the India leg of its global acquisition of substantially all of the assets of Takata Corp in relation to acquisition funding of USD 1.25 billion availed by KSS.
• Advised Standard Chartered Bank (as the Arranger) in relation to issuance of listed, unsecured, rated, non-convertible debentures aggregating up to INR 10.5 billion with a green shoe option of up to INR 2.5 billion by a core investment company.
• Advised an NBFC in an INR 1.25 billion investment in unlisted secured non-convertible bonds issued by a company engaged in the business of providing managed and flexible office space.
• Advised Sravanthi Energy Pvt. Ltd., a gas power generating company, in relation to their equity and debt restructuring pursuant to acquisition of its distressed debt by asset reconstruction companies.
• Advised Jindal Stainless Limited on:
  • restructuring certain group companies pursuant to a composite scheme of arrangement and proceedings before the National Company Law Tribunal, Chandigarh;
  • as a resolution applicant in the corporate insolvency resolution of Mittal Corp Limited;
  • USD 82 million loan facility from KfW IPEX-Bank GmbH to procure equipment from Austrian companies for expansion of Jindal’s production facilities in Jajpur, Odisha; and
  • private placement of secured, unlisted, redeemable, rated, non-convertible debentures aggregating upto INR 7.1 billion subscribed by a special situations fund.
• Advised Bharat Hotels Limited in the INR 11 billion issuance of secured unlisted non-convertible debentures to Kotak Realty Fund.
• Advised Masaya Solar Energy and its sponsor, UPC Solar Asia Pacific Limited in a rupee term loan facility and a derivative facility provided by State Bank of India (SBI) for a 300 MW solar power project in Khandwa, Madhya Pradesh in India.
• Advised National Bank of Greece S.A. as arranger and subscriber to EUR 60.5 million structured bonds issued by GMR Airports Greece Single Member S.A., a subsidiary of GMR Airports Limited, for the construction and development of an airport in Crete, Greece.

• Advised Aircel Limited
  • and its subsidiaries in one of India’s largest corporate debtor(s) filing under the Insolvency Code, 2018; and
  • project financing availed from consortium of Indian and Foreign Lenders.
• Advised ICICI Bank, HDFC Bank and SBI in relation to the secured term loan facilities of an amount for development of solar power projects in Maharashtra.
• Advised Deutsche Bank in relation to financing for development of a commercial real estate project in India.
• Advised State Bank of India in relation to a secured term loan facility for financing development of a solar rooftop power project in Delhi.
• Advised Temasek in a structured financing to the holding company of Apollo Hospitals.
• Advised IDFC Bank in relation to refinancing of acquisition finance facility availed for acquisition of a wind power project by Enel.
• Advised Cinepolis India on first Masala Bond issuance in India.
• Advised Asian Development Bank on non sovereign credit facility to Power Grid Corporation of India.
• Advised Dilip Buildcon Limited in relation to a loan facility provided to an affiliate of Dilip Buildcon Limited by Shrem Infra Structure, sponsor to Shrem InvIT.
• Advised Hero Future Energies on first Green Bond issuance in India.
• Advised BPEA- Credit (debt fund of Barings Private Equity Asia) in relation to their investments in a logistics company.
• Advised Rural Electrification Corporation Limited, a non- banking financial company, in relation to a term loan facility of INR 5.19 billion to a company for design, construction, development, operation and maintenance of a solar photovoltaic power plant.
• Advised Societe Generale in relation to export credit finance backed by an ECA guarantee in relation to EUR 83 million facility provided to a hydro power company in India.
• Advised Yes Bank Limited in relation to the proposed project finance facility of INR 2.763 billion availed by  Gawar Nainital Highways Private Limited (“Borrower”), for construction, operation and maintenance of 4-laning of Rampur-Kathgodam section of NH-87 in the state of Uttarakhand on Hybrid Annuity Mode.
• Advised ICICI Bank, Yes Bank as anchor investors in relation to the issuance of NCDs of INR 10 billion by Grasim Industries Limited towards its capital expenditure and expansion.
• Advised Standard Chartered Bank, INR 20 billion rupee term loan facility aggregating to a cement manufacturing company for expansion of its production capacity.
• Advised Yes Bank Ltd., in relation to INR 3.48 billion term loan facility to ReNew Surya Vihaan for setting up of 100 MWac / 135 MWdc solar power project in Rajasthan, India.