Khaitan advises IRFC on ₹13,527 cr refinancing of Hyderabad Metro Rail
Indian Railway Finance Corporation sanctioned financial assistance of ₹13,527 crore to L&T Metro Rail (Hyderabad) Limited, inter alia to refinance existing debt. Khaitan & Co acted as lender's legal counsel to IRFC, assisting on deal structuring and financing documents. The funds relate to the 71.16 km Hyderabad metro built on a design-build-finance-operate-transfer (DBFOT) basis.
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