SNG & Partners assists Lenders in Green Financing availed by RMZ Infinity Chennai

Bar & Bench | 19 May 2023

The deal is valued at ₹1,150 crores.

Lenders, in a multiple banking arrangement, have provided a loan facility (including green loan component), aggregating up to ₹1,150 crores availed by RMZ Infinity (Chennai) Private Limited.

The said loan facility has been secured by way of charge over the immovable properties owned by RMZ Infinity (Chennai).

SNG & Partners acted as the legal counsel to the Lenders. The firm provided comprehensive legal advice on the transaction including but not limited to the drafting, reviewing and negotiation of transaction documents.

Amit Aggarwal (Senior Partner and Head of Corporate Practice) acted as the engagement partner for the transaction.

The transaction team consisted of Aditya Vikram Dua (Partner), Aniket Sawant (Principal Associate) and Parvathi Menon (Associate).