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DFDL Assisted Norfund on USD 10 Million Transaction

DFDL Lao assisted as local counsel to the lender (Norfund ) in relation to a loan of USD 10 million to Acleda Bank Lao Limited with the aim of supporting the SME sector in the Lao PDR. The team was involved in the review of facility agreement and conducting due diligence on the borrower. The transaction was part of the ongoing commitment by Norfund for additional local currency loan which the Acleda Bank shall use to on-lend to its customers. The said loan will assist Acleda Bank in meeting increasing demand, especially in the growing micro and SME segments in the Lao PDR.

The team was led by DFDL’s Vinay Ahuja (Partner; Head of Banking, Finance & Technology Practice Group), and assisted by Briana Olson (Regional Legal Adviser) and Bounyasit Daopasith (Legal Adviser).

DFDL Contacts

Vinay Ahuja

Partner; Head of Indonesia Practice; Head of Banking, Finance & Technology Practice Group

Briana Olson

Regional Legal Adviser

Bounyasit Daopasith

Legal Adviser