Aseem Infrastructure Finance Limited (AIFL) has extended a loan facility aggregating to ₹138 Crores and Aditya Birla Finance Limited (ABFL) has extended loan facility aggregating to ₹50 Crores to IRB InvIT Fund for refinancing/financing the debt of its present and future project SPVs.
J. Sagar Associates carried out diligence on IRB InvIT Fund and its SPVs and also advised AIFL and ABFL in respect of structuring and finalising the transactions. The Firm also assisted them with the drafting, negotiations, finalisation, and execution of the loan documents.
The transaction team consisted of Soumitra Majumdar (Lead Partner), Utkarsh Bandhu (Partner) and Deboshree Mukherjee (Associate).
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