JSA Advocates & Solicitors (JSA)advised as lenders’ counsel to the consortium of lenders in connection with term loan facilities aggregating INR 1,500 crores availed by Tega Industries Limited, a publicly listed company.
The proceeds of the facility will be utilised by Tega Industries Limited for the acquisition of the Molycop Group from American Industrial Partners for USD 1.45 billion.
The transaction was led by Tirthankar Datta, Partner. The team further comprised Sucheta Bhattacharya, Partner; Ciol Kumar, Senior Associate; and Aaditya Shukla, Associate.
Sucheta is a part of the finance practice. She specialises in the area of banking and finance, structured finance, corporate finance and debt capital markets.