London Project Finance Team Earns Award at Global Trade Review's Charity Awards Dinner

Milbank’s London Project, Energy and Infrastructure Finance team earned recognition for advising on an award-winning deal at the GTR Charity Awards Dinner in London on 2^nd May. The team, consisting of partner John Dewar and associate Munib Hussain were recognised for their involvement on the Reliance Jio Infocomm/K-SURE Loan Facility Project, located in India.

• Reliance Jio Infocomm/K-SURE Loan Facility – GTR Best Deals Award 2019: Milbank advised the lead arrangers and facility agent, Korea Trade Insurance Corporation (“K-SURE”) and the participating commercial banks with respect to a multi-billion dollar telecom project run by Reliance Jio Infocomm Ltd. to expand India’s wireless network. K-SURE offered a $1 billion trade loan for Reliance Infocomm’s project in 2018 following a $750 million credit facility in 2015. This is the largest Indian loan covered by K-SURE, and K-SURE’s largest global telecom financing.