JSA Advocates & Solicitors (JSA) advised Hazel Hybren Private Limited, a special purpose vehicle of Mahindra Susten, in connection with a rupee term facility proposed to be availed from HDFC Bank Limited. The facility includes a letter of credit facility structured as a sub-limit within the overall rupee facility.
The JSA transaction team was led by Karan Mitroo, Partner with support from the firm’s lending practice including Purvi Dabbiru, Partner and Shantanu Awasthi, Associate.
JSA acted as the borrower’s counsel on the transaction, advising Hazel Hybren Private Limited on the structuring, documentation and negotiation of the financing arrangements with the lender.