Reliance Industries Limited’s Deal Agreement with Reliance Jio Infocom Limited

Juris Corp advised the lenders on the deal.

Reliance Industries took over the unsecured foreign currency borrowings of Reliance Jio Infocom Limited which were backed by guarantee of Reliance Industries Limited.

The lenders syndicate includes Australia and New Zealand Banking Group Limited, DBS Bank Ltd., JPMorgan Chase Bank, N.A., First Abu Dhabi Bank PJSC, The Hongkong and Shanghai Banking Corporation Limited, MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation, Citibank, N.A., Export Development Canada, Export-Import Bank Of Korea, etc.

The Juris Corp team was made up of Partner Mr. Pratish Kumar Equity (Picture), Partner Mr. Avikshit Moral, Principal Associate Mr. Saurabh Sharma, Associate Ms. Neha Thakkar, Associate Ms. Garima Parakh and Trainee Ms. Dhwani Bansdawala.

Involved fees earner: Pratish Kumar – Juris Corp ; Avikshit Moral – Juris Corp ; Garima Parakh – Juris Corp ; Saurabh Sharma – Juris Corp ; Neha Thakkar – Juris Corp ;

Law Firms: Juris Corp ;

Clients: Australia and New Zealand Banking Group Ltd.; Citibank; DBS Bank; Export Development Canada; Export-Import Bank of Korea; First Abu Dhabi Bank PJSC; JP Morgan Chase & Co.; MUFG Bank, Ltd.; Sumitomo Mitsui Banking Corporation; The Hongkong and Shanghai Banking Corporation Limited; Westpac Banking Corporation;

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Author: Michael Patrini