SAM, Bird & Bird advise AIIB on granting $100 million ECB Facility to IIFL Home Finance

Asian Infrastructure Investment Bank has extended external commercial borrowing (ECB) facility to IIFL Home Finance Limited.

Shardul Amarchand Mangaldas & Co acted as the Indian legal counsel for Asian Infrastructure Investment Bank.

The transaction team was led by Anurag Dwivedi (Partner), with support from Megha Kaur (Principal Associate), Shashwat Bhaskar (Senior Associate), Pratiksha Gupta (Associate) and Chaitanya Kashyap (Associate).

 Bird & Bird LLP acted as the foreign counsel for AIIB.

IIFL Home Finance Limited is a leading Indian non-banking financial company – housing finance company (NBFC-HFC). The transaction is a significant cross-border ECB deal in the affordable and green housing sector, supporting sustainable development goals in India under the Pradhan Mantri Awas Yojana (Urban) Mission and forming part of AIIB’s broader climate finance initiative.

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