Khaitan & co. advised Japan Bank for International Cooperation on the deal.
Japan Bank for International Cooperation signed an external commercial borrowing agreement of USD 100 million extended to Export-Import Bank of India (EXIM-India), a policy-based financial institution wholly owned by the Government of India. The Agreement was signed during the Japan-Australia-India-U.S. Summit 2022 Meeting (Quad Summit) in Tokyo. The loan is co-financed with MUFG Bank, Ltd., The Hachijuni Bank, Ltd., and The Bank of Kyoto, Ltd. JBIC will also provide a guarantee for the co-financed portion by the private financial institutions.
The Khaitan & co. team was led by Partner Devidas Banerji (Picture), Nikita Nagori (Senior Associate) and Anubhav Khamroi (Associate).
Law Firms: Khaitan & Co.;