HDFC Bank 
Dealstreet

Khaitan advises HDFC Bank on providing financial assistance to NTT Global Data Centers

The financial assistance sanctioned to NTT Global Data Centers amount to ₹977.90 crores

Bar & Bench

HDFC Bank Limited has sanctioned financial assistance of ₹977.90 crores (along with sub-limits thereunder) to NTT Global Data Centers Del2 Private Limited.

Khaitan & Co advised HDFC Bank on this transaction.

The transaction team consisted of Dr Siddharth Srivastava (Partner), Raunak Singh Rahangdale (Principal Associate) and Aparna Tripathi (Senior Associate).

Dr Siddharth Srivastava

The funds will be used by NTT Global Data Centers for the acquisition of assets from NTT Global Data Centers & Cloud Infrastructure India Private Limited (GDCCI) and for meeting future capital expenditure requirement in relation to development of 22.4 MW data center asset and related infrastructure in Greater Noida.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Follow Bar and Bench channel on WhatsApp

Download the Bar and Bench Mobile app for instant access to the latest legal news.

Also Read

Bombay High Court sets aside ₹173 crore arbitral award in Thermax–RCF dispute

Delhi High Court dismisses PIL seeking creation of special courts for cybercrime cases

Delhi High Court orders ‘Mask’ movie makers to drop Saregama-owned ‘Naguva Nayana’ song or pay ₹30 lakh

Contempt power not a judge’s sword to silence criticism: Supreme Court relief to woman for "dog mafia" comment

Deepak, Chanda Kochhar move Bombay High Court challenging ED attachment of property

SCROLL FOR NEXT