Banking deal closure – HDFC Bank Limited

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The Firm has recently acted for and advised HDFC Bank Limited in connection with the financial assistance aggregating up to INR 5.00 Billion to Green Gas Limited (“Borrower”), a joint venture of GAIL (India) Limited and Indian Oil Corporation Limited, for takeover/refinance of outstanding existing facilities and part financing the ongoing & future capex of the Borrower for City Gas Distribution network and infrastructure in the authorized geographical areas, including Faizabad, Unnao, Agra and Lucknow(“Project”).

TheTeam:

The transaction team consisted of Girish Rawat (Partner), Varun Chauhan (Senior Associate), Ashneet Chhabra (Associate), Himanshi Bhadoria (Associate) and Riya Manuja (Associate).

HDFC Bank Limited in connection with the financial assistance aggregating up to INR 5.00 Billion to Green Gas Limited (“Borrower”), a joint venture of GAIL (India) Limited and Indian Oil Corporation Limited, for takeover/refinance of outstanding existing facilities and part financing the ongoing & future capex of the Borrower for City Gas Distribution network and infrastructure in the authorized geographical areas, including Faizabad, Unnao, Agra and Lucknow(“Project”).

TheTeam:

The transaction team consisted of Girish Rawat (Partner), Varun Chauhan (Senior Associate), Ashneet Chhabra (Associate), Himanshi Bhadoria (Associate) and Riya Manuja (Associate).

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