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Service: Debt Syndication
Nuvama Debt Advisory & Capital Structuring (DA&CS) is glad to announce the successful closure of a monumental Debt Syndication Transaction for Deepak Fertilizers Group!
Deal Details:
Successtully Syndicated INR 16,000 MN from two Public Sector Banks
In INR MN
TL
W.Cap
Total
Canara Bank
7,000
5,000
12,000
State Bank of India
4,000
–
4,000
Total
11,000
5,000
16,000
Contribution:
Structured the proposal ensuring compliance of all regulatory requirements of RBl and Banks
|dentification & Finalization of potential financing partners in collaboration with the client
Prepared a comprehensive loan proposal showcasing proposal strengths and group level credentials.
Understanding client’s requirements w.r.t. amount, covenants, amortization schedules, security & interest rates and suitably structuring the same from bank’s acceptability perspective.
Facilitated a smooth closing process, including the signing of loan agreements and disbursement.
About:
Performance Chemiserve Limited, (ICRA A+ rated), a group company of Deepak Fertilisers Group has recently commissioned 1,500 MTPD ammonia plant for meeting group’s captive requirements.