Khaitan & Co acted as the sole Indian law legal counsel to MUFG Bank Ltd and Sumitomo Mitsui Banking Corporation in connection with a short-term loan facility of INR 250 crores (with letter of credit, overdraft facility and purchase invoice facility as sub-limits) extended to AM Green (India) Pvt Ltd. The proceeds of the financial assistance shall be utilised, inter alia, towards costs and expenses of earmarked projects.
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The core team consisted of Rahul Chakraborti (Partner), Manas Pandey (Principal Associate), Sarika Jhanwar (Senior Associate), Mudit Jain (Associate), Simran Upadhyaya (Associate), Sushmit Mandal (Associate) and Govinda Shrikant Asawa (Associate).