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Khaitan advises bank on $26.5m loan

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Khaitan & Co advised Bank of Baroda in relation to a term loan facility of $26.5m approximately extended to IndoSpace AS Industrial Park Private Limited (Borrower) for the construction of warehouses forming a part of a larger development project of industrial and logistic parks spread across four locations in and around Chennai and Pune for $26.5m approximately.

Kumar Saurabh Singh, Partner; Rajeev Vidhani, Principal Associate and Oindrila Bhowmik, Associate represented the client on the transaction.

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