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
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.