IFLR1000

Alstom Bharat Forge Power Re30.5 billion financing

26/12/2016
Financing
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Re 30.5 billion

$ 450 million

Announced

26/12/2016

Overview:

  • Alstom Bharat Forge Power has secured Re30.5 billion in working capital facilities from a four-bank consortium. 
  • The consortium was led by State Bank of India and included IDBI Bank, Axis Bank and ICICI Bank.

Wai Yee Tsang - Journalist

Jurisdiction:

India

Deal type:

Financing

Practice area:

Banking

Industry sector:

Energy

Firms:
Lex Favios

Party: State Bank of India (Lender)

Party: IDBI Bank (Lender)

Party: Axis Bank (Lender)

Party: ICICI Bank (Lender)

Lawyer: Sumes Dewan

Luthra and Luthra Law Offices India

Party: Alstom Bharat Forge Power (Borrower)

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