Shardul Amarchand Mangaldas Advises HDFC Bank

Shardul Amarchand Mangaldas advised HDFC Bank Limited (“Lender”) on the term loan facility provided to Moon Beverages Limited (“MBL”) for its acquisition of manufacturing, distribution and marketing rights of Coca Cola products in certain target territories in India along with related assets on a slump sale basis from Hindustan Coca-Cola Beverages Limited.

HDFC Bank has thereafter assigned part of the term loan facility to Axis Bank and ICICI Bank. 

The transaction team was led by Anurag Dwivedi, Partner; Megha Kaur, Principal Associate; Shashwat Bhaskar, Associate; and Chaitanya Kashyap, Associate.

Special mention to Harman Singh Sandhu, Partner and Nitika Dwivedi, Partner, for their inputs on certain competition law aspects.

Catalyst Trusteeship Limited acted as the security trustee and the lenders’ agent.