India Infrastructure Finance Company Limited has availed financial assistance of an aggregate amount of ₹16,500 crore from State Bank of India in the form of term loans, bonds, fund-based and non-fund based working capital loan and derivatives.

Dhir & Dhir Associates advised IIFCL on this transaction. The Firm provided end to end support, including review, discussions and negotiations of documents pertaining to the financial assistance.

The transaction team consisted of Guranpreet Singh Sarna (Partner), Shikha Singh (Associate Partner) and Avlokita Kanwar (Principal Associate).

IIFCL is a wholly government-owned company that provides long-term financial assistance to viable infrastructure projects across various sectors such as transportation, energy, water, and sanitation.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.