Luthra And Luthra Law Offices Successfully Represent Canara Bank-Led Lenders In Term Loan And Bank Guarantee Facilities For Jindal Paradip Port's Western Dock Development
LIVELAW NEWS NETWORK
6 Jan 2024 11:28 AM IST
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Luthra and Luthra Law Offices India acted for lenders led by Canara Bank, in relation to two separate facilities comprising a rupee term loan facility for an amount of INR 2376 Crores and performance bank guarantee facility amounting to INR 478.43 Crores made available to Jindal Paradip Port Limited, a joint venture constituted by Jindal Steel & Power Ltd. and Jindal Port Private Limited for the purpose of financing the construction
The Transaction was led by Partners, Karan Mitroo and Kartikeya Dubey; Managing Associate, Ankita Parasar and Associates, Aditya Bhayal and Shantanu Awasthi.
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