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Raising of corporate finance by Avantha Holdings and its wholly owned subsidiary

Raising of corporate finance by Avantha Holdings and its wholly owned subsidiary

Amarchand & Mangaldas & Suresh A. Shroff Co. advised Avantha Holdings Limited in relation to the structuring of the transaction, reviewing and finalising the term sheet pertaining to the proposed transaction and drafting, reviewing and negotiating the transaction documents.

AMSS Team comprised of Kalpataru Tripathy, Partner; Abhishek Guha, Principal Associate; Shruti Singh, SA Designate, Navin Kumar, Associate and Sugandha Kapur, Associate.

The transaction involved raising of corporate finance of an amount of INR 6,800,000,000 (Rupees six billion eight hundred million) by Avantha Holdings Limited and its wholly owned subsidiary, Salient Financial Solutions Limited through a combination of loan facilities and unlisted non convertible debentures from a group of lenders consisting of, inter alia, KKR India Financial Services Private Limited, L&T Finance Limited, L&T Fincorp Limited and Family Credit Limited.

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