Khaitan advises Yes Bank on term loan facility

Khaitan & Co has advised Yes Bank in relation to term loan facilities availed in multiple tranches by Transcon-Sheth Creators and aggregating to approximately $146m (£95.5m) for the purpose of constructing and developing residential project Auris Serenity at Malad (W).

Auris Serenity will comprise four residential luxury towers.

Partner Shishir Mehta and associate partner Kumar Saurabh represented the client on the transaction.