Tirthankar Datta, Sucheta Bhattacharya 
Dealstreet

JSA advises consortium of lenders on ₹1,500 crore financing availed by Tega Industries for acquisition of Molycop

Tega Industries and Apollo are acquiring Molycop from American Industrial Partners.

Bar & Bench

A consortium of lenders have sanctioned term loan facilities aggregating to ₹1,500 crore to Tega Industries Limited.

JSA Advocates & Solicitors acted as lenders’ counsel to the consortium of lenders.

The transaction was led by Tirthankar Datta (Partner), with support from Sucheta Bhattacharya (Partner), Ciol Kumar (Senior Associate) and Aaditya Shukla (Associate).

The funds are utilised by Tega Industries for the acquisition of the Molycop Group from American Industrial Partners for $1.45 billion.

Also read:Argus, SAM, Latham, Khaitan, R&G, Baker Botts act on Apollo - Tega consortium acquiring Molycop for $1.45 billion

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