PRESS RELEASE
15 July 2026

JSA Advises DZ Bank AG On €161 Million ECB Facility To UFlex Limited

J
JSA

Contributor

JSA Advocates and Solicitors is a top-tier, full-service Indian law firm. Established in 1991, at the start of India’s economic liberalisation, the firm has built a strong reputation for handling complex and high-stakes legal and commercial matters. The firm is organised around specialist practice areas and industry sectors. It works closely with leading Indian corporates, Fortune 500 companies, global financial institutions, and government and statutory bodies on important corporate, financing, and disputes mandates. JSA has a team of over 700 legal professionals, including 180+ partners, and operates from 10 offices across seven cities in India: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi. The firm is consistently recognised as a top-tier practice by leading international legal directories, including Chambers & Partners (Asia-Pacific and Global), Legal 500, and AsiaLaw.
JSA Advocates & Solicitors (JSA) advised DZ Bank AG, Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, in connection with a EUR 161 million (approximately USD 184 million)...
India

JSA Advocates & Solicitors (JSA) advised DZ Bank AG, Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, in connection with a EUR 161 million (approximately USD 184 million) shopping line credit facility extended to UFlex Limited through an external commercial borrowing (ECB) in April/May 2026.

The transaction marks a significant milestone as it is the largest Euler Hermes Shopping Line and the first transaction in India under the new Euler Hermes Shopping Line programme. The proceeds of the facility will support UFlex Limited'smachinery and equipment imports, primarily from Germany, over the coming years, further strengthening the company's manufacturing capabilities and long-term growth strategy.

The JSA team was led by Pratish Kumar, Partner with Sumitava Basu, Partner and support from Karan Abichandani, Principal Associate and Anmol Narang, Senior Associate.

Contributor

JSA Advocates and Solicitors is a top-tier, full-service Indian law firm. Established in 1991, at the start of India’s economic liberalisation, the firm has built a strong reputation for handling complex and high-stakes legal and commercial matters. The firm is organised around specialist practice areas and industry sectors. It works closely with leading Indian corporates, Fortune 500 companies, global financial institutions, and government and statutory bodies on important corporate, financing, and disputes mandates. JSA has a team of over 700 legal professionals, including 180+ partners, and operates from 10 offices across seven cities in India: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi. The firm is consistently recognised as a top-tier practice by leading international legal directories, including Chambers & Partners (Asia-Pacific and Global), Legal 500, and AsiaLaw.
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