Export-Import Bank of India’s $100 Million Financing Agreement

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). 

Involved fees earner: Devidas Banerji – Khaitan & Co.; Anubhav Khamroi – Khaitan & Co.; Nikita Nagori – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Japan Bank for International Cooperation – JBIC;