Cyril Amarchand Mangaldas Advised Power Finance Corporation On Refinancing Of Hinduja National Power Corporation's Debt
Cyril Amarchand Mangaldas Advised Power Finance Corporation On Refinancing Of Hinduja National Power Corporation's Debt
Cyril Amarchand Mangaldas (CAM) advised Power Finance Corporation Limited (Lender) in relation to the refinancing of the existing debt of Hinduja National Power Corporation Limited (HNPCL) to the tune of Rs. 4916,00,00,000 (Rupees Four Thousand Nine Hundred Sixteen Crore only), which was availed by HNPCL for setting up its 1040 MW coal-based thermal power project in the state of Andhra Pradesh.
The transaction team at CAM was led by Amey Pathak, Partner & Head - Banking, and Yash Jain, Partner, with support from Hariharan Kumar, Principal Associate; Aayush Kakodkar, Associate; and Gauransh Gaur, Associate. Anubhav Khandelwal, Associate, assisted with the due diligence exercise.
Other parties to the transaction include Coeus Advisors (acted as advisor to Hinduja National Power Corporation Limited).
