SAM, A&O, Hogan act on Essar Group loan repayment to ICICI, Axis, StanChart

Bar & Bench November 11 2016

Within days of Essar Group signing a mega $12.9-billion asset sale in its oil business to Russia’s Rosneft, three top lenders -- ICICI Bank, Axis Bank and StanChart -- have got back an estimated $2.5 billion as part of the first payment for their debt exposure to the Ruias-led conglomerate, reported

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