AZB & Partners Advised Axis Bank’s GIFT City Branch On USD 150 Million Financing For Anupam Rasayan’s Acquisition Of Jayhawk Fine Chemicals

AZB & Partners advised Axis Bank’s GIFT City branch on USD 150 million financing for Anupam Rasayan’s acquisition of Jayhawk Fine Chemicals

The leading law firm in India, AZB & Partners advised Axis Bank’s GIFT City branch on the USD 150 million acquisition financing for the purchase of Jayhawk Fine Chemicals Corporation, a U.S.-based specialty chemical manufacturer, by Anupam Rasayan India Limited.

The structured financing was undertaken as one of the early external commercial borrowings under the newly introduced FEMA Borrowing and Lending Regulations, marking a significant development in cross-border financing structures from India’s GIFT City.

The AZB & Partners deal team comprised Anand Shah (Senior Partner), Hufriz Wadia (Partner), Prasham Shah (Senior Associate), Pranjali Sharma (Associate) and Arushi Singh (Associate).

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