Twin Star Holdings Limited’s $100 Million Loan Facility

Khaitan & Co advised Barclays Bank PLC on the deal.

Twin Star Holdings Limited executed a USD 100 million raising found. The Facility is guaranteed by Vedanta Resources Limited and Welter Trading Limited and shall be utilized for servicing or refinancing the existing indebtedness of the Borrower and/or the Guarantors.

Barclays Bank PLC acted as the Mandated Lead Arranger and Deutsche Bank AG, Singapore Branch as the Agent, in relation to the grant of a facility.

The Khaitan & Co. team consisted of Partner Manisha Shroff (Picture), Nandini Paliwal (Senior Associate), Akshay Ferdinand (Associate)
Moin Ladha (Partner), Shashank Patil (Principal Associate) and Anvita Mishra (Senior Associate).

Involved fees earner: Akshay Ferdinand – Khaitan & Co.; Moin Ladha – Khaitan & Co.; Anvita Mishra – Khaitan & Co.; Nandini Paliwal – Khaitan & Co.; Shashank Patil – Khaitan & Co.; Manisha Shroff – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Barclays Bank;

Author: Sonia Carcano

Twin Star Holdings Limited’s $100 Million Loan Facility

Khaitan & Co advised Barclays Bank PLC on the deal.

Twin Star Holdings Limited executed a USD 100 million raising found. The Facility is guaranteed by Vedanta Resources Limited and Welter Trading Limited and shall be utilized for servicing or refinancing the existing indebtedness of the Borrower and/or the Guarantors.

Barclays Bank PLC acted as the Mandated Lead Arranger and Deutsche Bank AG, Singapore Branch as the Agent, in relation to the grant of a facility.

The Khaitan & Co. team consisted of Partner Manisha Shroff (Picture), Nandini Paliwal (Senior Associate), Akshay Ferdinand (Associate)
Moin Ladha (Partner), Shashank Patil (Principal Associate) and Anvita Mishra (Senior Associate).

Involved fees earner: Akshay Ferdinand – Khaitan & Co.; Moin Ladha – Khaitan & Co.; Anvita Mishra – Khaitan & Co.; Nandini Paliwal – Khaitan & Co.; Shashank Patil – Khaitan & Co.; Manisha Shroff – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Barclays Bank;

Author: Sonia Carcano