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Some of the key assignments in these areas handled and being handled by Nand amongst others, include the following:-

• Advised State Bank of India, Gift City Branch in relation to a sovereign loan extended to the Government of Sri The facility is a part of economic package undertaken by the Government of India for helping the island nation in stabilizing its economy. The facility has been utilized by the Government of Sri Lanka for procurement of essential commodities, viz. food items, medicines, fuel, and industrial raw materials.
• Advised Abu Dhabi Commercial Bank PJSC in winding down their Indian operations and provided end to end advise in their exit strategy from India. The work entailed rendering legal advice on matters pertaining to banking laws, labour laws, property laws, general contact laws and assisting them in their dealings with RBI and other statutory authorities.
• Advised State Bank of India along with Agence Francaise de Development in relation to construction finance loan to Radial IT Park Private Limited (a CapitaLand group company), for the first business park in India to be certified by the Indian Green Building Council as net zero for energy efficiency. This is the largest sustainability-focused commercial real estate project to be funded by State Bank of India.
• Advised a consortium of Indian banks in relation to a term loan facility extended to J. Kumar Infraprojects Limited, for construction underground sections including four underground stations at Dharavi, BKC, Vidhyanagari and Santacruz in Mumbai, for the Mumbai Metro Project – Phase 3.
• Advised ODDO BHF SE Germany in relation to a ECA backed loan availed by Warje DBFOT Hospital Private Limited, a special purpose vehicle owned by Pune Municipal Corporation. The facility is backed by the guarantees of Pune Municipal Corporation and Rural Enhancers LLP (an entity owned by Atal Projects BV), and credit enhanced by Atradius, the Dutch export credit agency.
• Advised Bank of Maharashtra in relation to a term loan facility availed by Nizam’s Institute of Medical Sciences, to be utilised towards expansion and retrofitting of NIMS Hospital, located at Punjagatta, Hyderabad. The Facility is backed by the guarantee of the Government of Telangana, represented by their Finance Department and Health, Medical and Family Department. Further as part of the transaction security package, NIMS has also created charge over all its movable fixed assets, current assets, bank accounts and project contracts in relation to the expansion project.
• Advised a consortium of banks consisting of Axis Bank Limited, Canara Bank, Kotak Mahindra Bank Limited and ICICI Bank Limited in connection with a secured term loan facility extended to STT Global Data Centres India Private Limited, to be utilised towards meeting expenses relating to setting up data centres across India.
• Advised a consortium of 9 lenders being led by the State Bank of India in relation to a term loan facility extended to JSW Energy (Barmer) Limited, for the purposes of 1,080MW (8 X 135MW) power plant in the Barmer district of Rajasthan.
• Advised a consortium of Indian banks led by Bank of Baroda in relation to a term loan facility extended to RCCPL Private Limited, for setting up a greenfield 68 MTPA Clinker Plant, 3.88 MTPA Cement Manufacturing Plant and a 51 MW Waste Heat Recovery System and Power Plant at Mukutban, Maharashtra.
• Advised Indian Oil LNG Private Limited in relation to a term loan facility, extended by a consortium of six banks lead by State Bank of The said loan had been availed for the purpose of financing the costs of setting up of a new liquefied natural gas (LNG) receiving terminal located at Kamarajar port, Ennore, Tamil Nadu. The terminal is the first of its kind in the east coast.
• Advised a consortium of banks in connection with a sustainability linked ECB term loan facility extended to Ultratech Cement Limited.
• Advised DBS Bank in relation to their investment in relation to unsecured, listed, redeemable and rated non-convertible debentures, issued by Bangalore Tower Private Limited on a private placement basis.
• Advised Sun Mobility Private Limited on their multiple debt-raising rounds, by way of term loans raised from several banks and financial institutions and issuance of unlisted, secured, fully paid-up redeemable non-convertible debentures to multiple investors, on a private placement basis.
• Advised DBS Bank India Limited, in relation to credit facilities extended to Fortis Hospital group entities for ramping up and renovation of their hospitals and existing medical facilities.
• Advised Kotak Mahindra Bank Limited in relation to their investment in relation to secured, listed, redeemable and rated non-convertible debentures, issued by JSW Energy Limited on a private placement
• Advised Standard Chartered Investments and Loans (India) Limited in relation to a term loan facility extended to Healthium Medtech Limited (promoted by the British equity firm Apax Partners), for acquisition of “AbGel”, the gelatin sponge business of Mumbai based SGK Private Limited.
• Advised Axis Bank Limited, DIFC branch in relation to credit facilities extended to Jindal (Steel & Power) Mauritius Limited, credit enhanced by a corporate guarantee issued by Jindal Steel & Power
• Advised State Bank of India in relation to an ECB term loan facility extended to HDB Financial Services Limited, for on-lending purposes.
• Advised Standard Chartered Investments and Loans (India) Limited in relation to a term loan facility extended for acquisition of a Delhi based publishing house.
• Advised IndusInd Bank Limited, IBU, Gift City in connection with foreign-currency credit facilities extended to InterGlobe Enterprise (UK) Limited, a company incorporated in England and Wales. The facility has been utilised towards repair / renovation / revamping of hotels owned by InterGlobe Enterprise (UK) Limited.
• Advised various foreign banks and other finance parties in relation to one of the first cross border financing availed by Kia Motors India Private Limited, for setting up its manufacturing plant in India.
• Advised Ultratech Cement Limited in relation to issuance of privately placed unsecured, listed, redeemable and rated non-convertible debentures and commercial papers.
• Advised Axis Bank Limited in relation to a term loan facility extended to Oasis Realty for construction of a luxury residential tower of 67 floors in Worli, Mumbai.
• Advised Arab Banking Corporation B.S.C., Commercial Bank of Dubai PSC, Commercial Bank International PSC and Emirates NBD Bank PJSC in relation to credit facilities extended to Jindal Saw Middle East FZC. The facilities were credit enhanced by way of a guarantee issued by Jindal Saw
• Advised Axis Bank Limited, DIFC branch in relation to their funding to Shapoorji Pallonji Forbes Shipping Limited, for acquisition of a 2006 Japanese built chemical container named “FSL Tokyo” from Singapore based FSL Trust.
• Advised Citibank A. in relation to a term loan facility extended to Trafigura Pte Ltd., for the purpose of making advance payments to Vedanta Limited under an advance payment and supply arrangement in relation to supply of aluminum under a commercial contract.
• Advised Citibank N.A. in relation to acquisition of receivables of an Indian IT giant, owed form its customers in multiple countries, including Australia, New Zealand, Canada, Sweden, United States of America, etc.
• Advised ING-DiBa AG in relation to a term loan facility extended to SREI Equipment Finance Limited and credit enhanced by SACE S.p.A.
• Advised L&T Infrastructure Finance Company Limited in relation to a term loan facility extended by Asian Infrastructure Investment Bank, to be utilised towards on-lending purposes.
• Assisted the Bank of Bahrain and Kuwait S.C in relation to standardization of its suite of financing and security documents, including term loan agreement, working capital loan agreement, deed of hypothecation, mortgage deed, pledge agreement (for shares, warehouse receipts & mutual fund units), corporate guarantee and personal guarantee.
• Advised a foreign bank on their queries in relation to the RBI (Prudential Framework for Resolution of Stressed Assets) Regulations 2019, issued by RBI on 7^th June 2019. The queries involved complex questions on the impact of the said regulations on foreign banks and the strategies that can be adopted by foreign banks for addressing stressed loan accounts.
• Advised Standard Chartered Bank in relation to trading activities, export-import, sale and storage of commodities, structured warehouse financing and foreign exchange restrictions