Nature’s Essence Private Limited (Borrower) and Samara Alternate Investment Fund’s $23 Million Loan


Khaitan & Co advised Nature’s Essence Private Limited (Borrower) and Samara Alternate Investment Fund (Samara) on a senior secured borrowing of a rupee term loan facility of INR 160 crores (USD 23 million approximately) from The Hongkong and Shanghai Banking Corporation Limited (Lender) for acquisition of the business from Nature’s Organics by the Borrower, and restructuring of the group structure based on the abovementioned and other acquisitions.

NATURE’S ESSENCE Pvt Ltd. manufactures and distributes skin care, hair care, and body care products.

Samara Alternate Investment Fund is a private equity firm specializing in investments in middle market and emerging companies.

Khaitan & Co advised Nature’s Essence Private Limited (Borrower) and Samara Alternate Investment Fund with a team including Kumar Saurabh Singh (Picture), Aditi Bagri, Jessica Gandhi and Nandini Paliwal.

Mayank Singh, Nidhi Killawala, Bhavna Pattanaik and Kairavi Shah advised Samara on the acquisition.

Involved fees earner: Kumar Saurabh Singh – Khaitan & Co.; Mayank Singh – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: NATURE’S ESSENCE Pvt Ltd.; Samara Capital;

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Author: Michael Patrini