IFLR1000

Tata Steel BSL $1.69 billion financing

18/5/2018
Financing
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$ 1.69 billion

Completed

18/5/2018

Overview:

  • Auto-grade steel manufacturer Tata Steel BSL, formerly known as Bhushan Steel, has availed a $1.69 billion long term facility from DBS Bank, HDFC Bank, Housing Development and Finance Corporation, IndusInd Bank, Kotak Mahindra Bank, Standard Chartered Bank, Tata Capital Financial Services and Yes Bank.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Financing

Practice area:

Bank lending : Lender side

Industry sector:

Industrials and manufacturing

Firm:
JSA

Party: DBS Bank (Lender)

Party: HDFC Bank (Lender)

Party: Housing Development and Finance Corporation (Lender)

Party: IndusInd Bank (Lender)

Party: Kotak Mahindra Bank (Lender)

Party: Standard Chartered Bank (Lender)

Party: Tata Capital Financial Services (Lender)

Party: Yes Bank (Lender)

Lawyer: Aashit Shah

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