Aakash Sardana

Aakash’s experience includes advising:

• Clifford Capital on its sixth public infrastructure asset-backed securities (IABS) transaction of loans and bonds of approximately US$527 million in size – this transaction represents the sixth, and largest, issuance to date by the infrastructure credit platform
• The lead managers on Biocon Biologics’ US$800 million 6.67% senior secured notes due 2029. This represents the first USD bond issuance by a biopharmaceutical company in Asia Pacific, and the largest debut issuance from a high-yield-rated issuer from India in the past 10 years. This transaction was awarded Best New Bond (India) at The Asset Triple A Awards for Sustainable Finance 2025, and High-Yield Bond of the Year at the IFR Asia Awards 2024 
• HSBC and Mizuho on a term loan facility for Biosimilars Newco Limited, a subsidiary of Biocon Biologics Limited, a leading fully integrated biosimilars company
• Clifford Capital on its fifth public infrastructure asset-backed securities (IABS) transaction through Bayfront Infrastructure Capital V Pte. Ltd, in which four classes of investment grade-rated notes listed on the SGX-ST (including a sustainability tranche), together with a mezzanine tranche guaranteed by GuarantCo and a sponsor tranche (US$508 million aggregate). This transaction was awarded Asia-Pacific Bond of the Year at the IJGlobal Awards 2024, and Best Project Finance Deal: Singapore/APAC at the FinanceAsia Achievement Awards 2024
• Bayfront Infrastructure Management on its US$410.3 million issuance of infrastructure asset-backed securities through Bayfront Infrastructure Capital IV Pte. Ltd. This transaction was awarded “Best Infrastructure Deal,” “Best Project Finance Deal,” and “Best Sustainable Finance Deal of the Year,” both for Asia and the Singapore market at the FinanceAsia Achievement Awards 2023
• Global Infrastructure Partners on a term loan facility in connection with its acquisition of Tower Vision India Private Limited, a business that establishes and maintains passive telecom infrastructure in India
• PT Energi Mega Persada TBK on the term loan in connection with acquisition Kinross International Group Ltd.’s of Energi Mega Pratama, Inc., an explorer and trader of oil and gas
• WNS (Mauritius) Limited, an IT service management company in its £90 million term loan facility for the acquisition of The Smart Cube Limited, a global provider of sector-specific research and analytics solutions
• Bayfront Infrastructure Management in relation to its third infrastructure asset-backed securities (IABS) issuance through Bayfront Infrastructure Capital III Pte. Ltd, in which four classes of investment grade rated notes (Class A1, Class A1-SU, Class B, Class C) of US$374.3 million in aggregate principal amount were offered to investors and are listed on the Singapore Exchange in addition to a US$30.2 million equity tranche which was retained by Bayfront. This transaction was awarded Debt Market Deal of the Year (midsize) by ALB Southeast Asia Law Awards 2023
• Ola, India’s largest mobility platform and one of the world’s largest ride-hailing companies, in a US$500 million Term Loan B (TLB) debt financing from marquee international institutional investors
• An ad hoc group of bondholders in connection with the restructuring of the US$500,000,000 7.55% Guaranteed Senior Notes Originally Due 2020 and Extended to 2021 issued by Dr.Peng Holding Hongkong Limited
• Oravel Stays Pte Ltd, a leading Indian hotel management technology group on a US$600 million Term Loan B. This milestone transaction made Oravel Stays Pte Ltd the first Indian startup to raise capital using a Term Loan B instrument, as well as the first Indian startup to receive public ratings from Moody's and Fitch
• Bayfront Infrastructure Management on a US$401 million infrastructure asset-backed securities transaction with a sustainability tranche. This transaction was awarded Securitisation and Structured Finance Deal of the Year at IFLR Asia Pacific Awards 2022, Best Bond Deal of the Year at Finance Asia Achievement Awards 2021, and Outstanding Sustainable Bond – Corporate at Global Finance Sustainable Finance Awards 2021
• OCM Verde XI Investments Pte. Ltd., an affiliate of Oaktree Capital Management, on the US$1 billion offering of guaranteed and secured private placed notes by a subsidiary of Vedanta Resources Limited to fund an acquisition 
• Infogain Corporation, a ChrysCapital portfolio company, on the US$80 million senior secured credit facilities for the purposes of, among others, financing the acquisition of Absolutdata Holdings, Inc. and refinancing existing indebtedness with Bank of the West
• Warburg Pincus on the term loan facilities in connection with acquisition of Storhub Holding Pte. Ltd, a holding company for a portfolio of self-storage real estate assets in Singapore
• PT Semen Indonesia (Persero) Tbk on a US$1.3 billion term loan facility in connection with the acquisition of PT Holcim Indonesia Tbk, an Indonesian-based producer and distributor of cement, ready-mixed concrete, and aggregates 
• A syndicate of banks on a US$200 million term loan facility for PT Barito Pacific Tbk, a diversified resource-based company 
• PT Pertamina EP Cepu on its US$1.8 billion project financing in connection with the construction and development of a gas processing facility and pipelines, with an expected allocation of 192-MMSCFD to the gas offtaker located in Bojonegoro Regency, East Java, Indonesia. This transaction was awarded Project Finance International Asia-Pacific Oil & Gas Deal of the Year of 2019. 
• Golden Energy and Resources Limited on its US$150 million term loan in connection with its acquisition of Stanmore Coal Ltd, an Australia-based coal exploration company 
• JBIC, Asian Development Bank, and the commercial bank lenders in post-completion matters relating to the Sarulla geothermal power project in North Sumatra, Indonesia — the largest single geothermal power project in Indonesia and at the forefront of new geothermal developments in Indonesia under the Fast Track 2 program