KS Partners advises State Bank of Patiala-led consortium to finance Kraft paper manufacturing unit

State Bank of Patiala led consortium of six banks have funded Rs. 223.33 crore ($45 million) for establishment of Kraft paper manufacturing unit for Sabre Papers Ltd with a capacity of 463 tonnes per day at Ludhiana, Punjab.

KS Partners advised the consortium (lenders) with a team led by Partner Tanuj Sud along with Senior Associates Amitesh Bhattacharya and Sujeet Das and Associates Jayant Gupta and Henna Vadhera

Sabre Papers was advised by its in-house team.

The total project cost is Rs. 343.59 crore.

Khaitan, Jayakur, Sud & Vohra (KJSV) had last year rebranded the firm as KS Partners and had opened an office in Mumbai.