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.