Aditya Vikram Dua 
Dealstreet

SNG & Partners advises Punjab National Bank on 900 crore deal for K Raheja Group

The transaction is valued at ₹900 crore.

Bar & Bench

Punjab National Bank has done a major Lease Rental Discounting (LRD) financing transaction valued at ₹900 crore, benefiting multiple entities of the K Raheja Group.

The financing was structured to facilitate the repayment of loans and the redemption of debt instruments by the Group's entities.

SNG & Partners acted as the legal counsel to PNB on this transaction. The Firm provided extensive legal support to PNB, managing the drafting, reviewing, and negotiation of key transaction documents.

The transaction team consisted of Aditya Vikram Dua (Partner), Aniket Sawant (Principal Associate), and Parvathi Menon (Associate).

K Raheja Group, is one of India's leading commercial developers, specializes in commercial and residential projects, shopping malls, and the hospitality sector.

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