IndusInd Bank 
Dealstreet

Shardul Amarchand Mangaldas advises IndusInd Bank in granting assistance to refinance loans to Duet India Hotels

The deal was valued approximately at ₹312.5 crores ($38 million).

Bar & Bench

IndusInd Bank Limited granted assistance in refinancing existing loans availed from L&T Finance Limited to Duet India Hotels. The deal was valued approximately at ₹312.5 crores ($38 million).

The chain of hotels include Duet India Hotels (Pune) Private Limited, Duet India Hotels (Jaipur) Private Limited, Duet India Hotels (Ahmedabad) Private Limited, Duet India Hotels (Hyderabad) Private Limited, Duet India Hotels (Chennai) Private Limited and Duet India Hotels (Chennai OMR) Private Limited ("Duet India Hotels”).

Shardul Amarchand Mangaldas advised IndusInd Bank in this deal.

The Transaction team comprised Debashree Dutta (Partner), Arijit Sarkar (Principal Associate), Nainesh Singh (Senior Associate), Aparna Arya (Associate) and Jeetu Tolani (Associate).

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

Also Read

NLSIU convocation was cancelled after students rejected demand to publicly invite CJI Surya Kant

Advocates' Association of Western India becomes first bar body to reserve President post for women

1 year or 3 years, we are asking the wrong question

Renukaswamy murder: Bengaluru court pardons accused Pradosh Rao, makes him approver

DMD Advocates elevates 26 across Delhi and Mumbai Offices; Partner strength rises to 30

SCROLL FOR NEXT