TT&A advised IFC in relation to the loan aggregating up to USD 30,700,000 (“Loan”) proposed to be extended by IFC to Popular Pharmaceuticals PLC, a company incorporated in Bangladesh (“Borrower”). The proceeds of the Loan will be utilised towards towards financing the working capital requirements of the Borrower, primarily for the procurement of raw materials through imports. 

TT&A Team: Gautam Saha – Joint Managing Partner; Nikhil Bahl – Partner; Ankita Mandal – Managing Associate and Manasvini Vyas – Associate