•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

SAM, A&O, Hogan, Dechert, CAM on $13bn Essar loan repayment

"A week after the Essar group signed a mega $12.9bn deal to sell Essar Oil and Vadinar Port to Rosneft of Russia, three banks — ICICI Bank, Axis Bank and Standard Chartered Bank — have received over $2.5bn (around Rs 16,750 crore) from the Essar group towards repayment of loans to Essar Global,” reported the Indian Express.

Shardul Amarchand Mangaldas (SAM) partners Pallavi Shroff, Sapan Gupta and Ameya Gokhale and principal associates Soummo Biswas, Meghna Rajadhyaksha and Malvika Kanade acted for ICICI Bank which was led by in house legal counsels Jayesh Thaikandy and Mayuri Singh.

Allen & Overy Singapore partner Kayal Sachi and Sydney partner James Abbott acted for ICICI Bank.

Hogan Lovells Milan partner Stuart Tait acted for Standard Chartered Bank.

Dechert acted for Russian bank VTB.

Cyril Amarchand Mangaldas project financing partner Amey Pathak and banking partner Jimmy Joseph, with principal associate Nikunj Maheshwari were responsible for local security creation on the deal.

No comments yet: share your views

Latest comments