Bandhan Bank Limited has granted a term loan facility of up to ₹350 crore to JSW Steel Coated Products Limited.

Khaitan & Co advised Bandhan Bank on this financing deal.

The transaction team consisted of Manisha Shroff (Partner), Arijit Sarkar (Principal Associate), Akhil Tiwari (Senior Associate), Aparna Arya (Associate) and Chhavishree Somani (Associate).

The Facility is to be utilized by JSA Steel Coated Products for its general business purposes, working capital and/or net working capital requirements and is secured by a charge over certain immovable and moveable fixed assets of JSW situated at Vasind Works, Maharashtra.

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