TT&A advised ADB in their loan facilities (by way of ECB) of up to USD 150,000,000, to Piramal Finance Limited (“Borrower”). The proceeds of the facility will be used by the Borrower to finance long-tenor micro, small, and medium-sized enterprises (MSMEs) loans in India under its existing social finance framework, with at least 30% applied towards eligible women borrowers.

TT&A Team: Ambarish Mohanty – Partner; Ankita Mandal – Managing Associate; and Ashley George- Associate