Arijit Sarkar is a Partner in the Banking and Finance practice group in the Mumbai office. He has experience in all kinds of financing including debt capital market, structured finance, cross border financing and project financing.
Banking and Finance
Advised on issuance of listed NCDs (secured/ unsecured) to the tune of approximately INR 1,000 crores under SEBI book building mechanism
Advised on raising capital by issuance of secured, listed non-convertible debentures in multiple tranches for an aggregate amount of INR 2,86,000 crores to certain foreign portfolio investors based out of Singapore, for the purpose of financing the lease premiums payable to KIADB, and in providing certain inter-corporate deposits to its group companies
Advised on the grant of facility aggregating to INR 939.95 crores, with a non-fund based sublimit in form of letter of credit facility, to MSKVY Ninth Solar SPV Limited for the purpose of part financing the project cost of a solar power project and reimbursement of promoter contribution
Advised on refinancing of an existing project loan for an amount of INR 278.75 crores availed for construction of a road project in the state of Rajasthan on hybrid annuity mode
Advised on lending a secured rupee term loan facility of up to INR 150.0 crores to Catasynth Speciality Chemicals Private Limited for inter alia refinancing existing debt, and secured working capital facilities of up to INR 85.0 crores to DRT-Anthea Aroma Chemicals Private Limited for the purpose of meeting working capital requirements, both borrowers being held by Anthea Aromatics Private Limited, (a special purpose vehicle owned by IndiaRF Scheme 1 and Scheme 2)
Advised on grant of a rupee term loan facility of INR 600.0 crores to JSW Steel Limited, secured by a first pari passu charge by way of hypothecation on moveable fixed assets of the borrower pertaining to 3.2 MTPA Steel plant situated at Vijayanagar, in the State of Karnataka
