Khaitan & Co. advised a consortium of lenders led by National Bank of Fujairah PJSC in relation to a corporate guarantee of USD 50 million provided by Veritas (India) Limited to secure credit facilities availed by Hazel International FZE from (i) Ajman Bank and Sharjah Islamic Bank as Islamic financiers under an Islamic facility agreement and (ii) National Bank Of Fujairah PJSC, State Bank of India, DIFC Branch and National Bank Of Oman as the lenders for the term loan facilities. The deal value was approximately USD 50 million and was spearheaded by Kumar Saurabh Singh, Partner and Ahana Sinha, Senior Associate