Clients from a variety of backgrounds come to Talwar Thakore & Associates for advice on a range of financing transactions, including structured finance, project finance, equity finance, mezzanine finance, and securitisation mandates. The team has particular expertise in domestic and cross-border fundraisings and acquisition finance transactions. Sonali Mahapatra has longstanding experience in handling debt restructuring and debt capital markets work; she jointly heads up the team with Gautam Saha, who regularly advises international and domestic lenders in India. Rituparno Bhattacharya focuses on the areas of asset finance securitisation and trade finance, while Nidhi Rani is experienced in acting for lenders on structured and leveraged finance deals. Pragya Sood, Ambarish Mohanty and Tanay Agarwal are other key contacts.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'Talwar Thakore & Associates' banking and financing team is our go-to for complex and structured financing deals. Their ability to pull off complicated and heavy deals with practised ease and clinical efficiency makes them a strong proposition in the Indian legal market. Sonali Mahapatra and Rituparno Bhattacharya are strong partners with wonderful commercial sense, legal knowledge, and relevant market knowledge. The associate quality is strong, and their documentation is on par with most international law firms.'
'The team is a very knowledgeable and has exceptional work ethics.'
'The team is very responsive and gives commercial and practical advice that reflects the requirements of the transaction.'
'Ambarish Mohanty is excellent.'

Key clients

Asian Development Bank
ADM Capital
Ares SSG
Avendus
Bank of America
Barclays
BNP Paribas
Citibank
Deutsche Bank
Embassy REIT
Farallon Capital
Goldman Sachs
HSBC
J P Morgan
Morgan Stanley
Nayara Energy
Nomura
Standard Chartered Bank
Tor Investment Management
Blackrock
Export Development Canada
International Finance Corporation
M&G Plc
U.S. International Development Finance Corporation

Work highlights

Advised Barclays Bank PLC, Deutsche Bank AG, Singapore Branch, Standard Chartered Bank (Singapore) Limited on two loan facilities and a note issuance aggregating to $5.3bn.
Advised HSBC, MUFG and Standard Chartered Bank on a term loan facility of up to $1.2bn availed by an offshore subsidiary of Biocon Biologics Limited.
Assisted ADB with its term loan facility of up to $131m to Nhava Sheva Freeport Terminal Private Limited, an equal joint venture between J M Baxi Ports & Logistics Ltd and CMA Terminals.