SNG & Partners Advised LIC Housing Finance Ltd. On ₹350 Cr Credit Facility
SNG & Partners Advised LIC Housing Finance Ltd. On ₹350 Cr Credit Facility
SNG & Partners advised LIC Housing Finance Limited regarding the sanctioning of credit facilities worth INR 350 crores, intended for onward lending to Shubham Housing Development Finance Company Limited.
SNG & Partners provided legal advisory and documentation support, including negotiating and finalizing the facility and security documents.
The transaction was concluded end-to-end under tight timelines.
The SNG team had to coordinate well inter-se and also with the lender and the borrower to ensure that comments were sought, discussed and incorporated in the shortest possible time.
The advisory team for this transaction at SNG & Partners comprised Mr. Ashok Satyanathan (Partner), Ms. Sweta Mehta (Associate Partner), Ms. Avni Gupta (Associate), and Mr. Arnab Das (Associate).
