Domestic and overseas entities look to MVKini for advice when financing global and domestic infrastructure projects. MV Kini also advises and represents leading banks and financial institutions investing in the infrastructure sector. The project finance team advises both Indian and international banks and financial institutions, especially in the infrastructure sector. The team assists, advises, drafts and vets Transaction/Financing Documents including loan agreements, security trustee agreements, inter-creditor agreements, deeds of guarantee, mortgage deeds, hypothecation deeds, deeds of pledge, assignment deeds, trust and retention account agreements, escrow agreements, and other related documents.
Key transactions
Advised on project financing of more than 30 National Highways projects on PPP and DBFOT basis.
- MVKini's pan-India presence places it uniquely to advise NHAI on a public private partnership basis across most of India's 29 states and 7 Union Territories. MV Kini has advised financial consultants, banks and consortia and state governments, across some or all, on Design, Build, Finance, Operate and Transfer patterns (DBFOT). MV Kini has advised on and/or drafted financing documents totaling more than Rs. 2,238 crores (US$414 million), across more than 10,775 kilometer lanes.
- MV Kini worked with a leading accounting firm to advise NHAI on the design, engineering, construction, development, finance, operation and maintenance of the Ghaziabad to Aligarh section of NH-91 in Uttar Pradesh.
- Advised NHAI on the development, design, engineering, financing, procurement, construction,
operation and maintenance of the 6.1 km long integrated six-lane suspended second
Vivekananda
Bridge across River Hooghly along with the approaches from both Howrah and Kolkata in West
Bengal
on Build, Operate and Transfer ("BOT") basis.
Drafted / vetted term loan documents for various Banks/ Consortium of Banks/ Financial Institutions for credit facilities to companies in varied infrastructure projects including Highways and Power sectors (ranging from Rs.163 crores (US$30 million) to Rs. 4,460 crores (US$826 million)).
MV Kini drafted project finance documents for leading nationalised bank and a consortium of three banks for credit facilities aggregating to Rs.1,318 crores (US$244 million) to a Government agency secured by Hypothecation of Moveable Properties, charge and assignment rights under Project Agreements, monies lying in Escrow Account and Debt Service Reserve Account and Rights under Insurance Policies other than Project Assets. - Handled financing documents totalling more than Rs. 22380 million (US$ 310.83 million), across more than 17,500 km. of highway projects.
- Credit facilities aggregating to Rs. 13180 million (US$183.06 million) to Moradabad Bareilly expressway limited for Bank of Baroda and a consortium of three banks.
Key People
Abhay Itagi,
AVL Ram Prasad
Varma,
Els Reynaers Kini,
Janardan,
Mahesh N Dekate,
Ravi Kini,
Sumit Gupta,
U.C. Nayak