SMBC Arranges Landmark JOLCO Financing for IndiGo in India

AI Briefing

• – Sumitomo Mitsui Banking Corporation (SMBC) has arranged a landmark JOLCO (Japan-India Loan Coordination Office) financing for IndiGo, a leading Indian low-cost carrier.
• – The JOLCO financing is the first of its kind for an Indian airline.
• – The transaction was advised on by Clifford Chance.