Infrastructure
About the Client
  • The Group has a diversified business across various sectors like Infrastructure, Real Estate, etc.
  • The Group had 4 infrastructure road projects which were to be refinanced to reduce the overall cost of fund to the company.
  • All the 4 projects together had a total outstanding debt of approx. Rs 2000 Cr from various Banks and FIs.
Our Services
  • A product was suggested to the client wherein not only the refinance of the outstanding debt but additional amount was sanctioned to be utilized towards other ongoing projects of the company.
  • Successful closure of transaction with zero modification and refinance despite company not achieving COD of the projects.
  • Facilitated in preparation of various documents, suggestions for improvement in the financial model to fit the lenders model and resolved the lender’s query at various stages.
  • Coordination and negotiation on professional fee with various third parties viz; legal, Due Diligence, etc. for finalization and timely submission of reports.
  • Negotiated with the lender for waiver for TEV study, to provide the client with reduced interest cost and better terms & conditions as compared to existing sanctions.
Value addition by Pranjal:
  • Transaction enabled the company to reduce cost of funding by approximately 2.50-3.00%.
  • Reduction in cost may facilitate companies to improve their External Rating.
  • Sanction of additional Top up amount of approx. Rs. 210 crs.
  • Shifting of account from various Banks & FIs and project SPV region to Sole lender and single region.
  • Zero collateral with nil modification and better terms & conditions
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