CapitaLand’s Green Loan Financing

Published by Global Legal Chronicle
Click here to access the Published article.

Juris Corp advised DBS Bank India Limited on the deal.

DBS Bank India Limited has stepped into the green loan portfolio in India, by extending certain credit facilities up to INR 625 Crores to Radial IT Park Private Limited, a special purpose vehicle of Singapore based CapitaLand group.

The Facility shall be utilised by the Borrower for construction and development of phase 1 of the green-certified International Tech Park in Chennai, which has a 4.6 million square feet of development potential for premium office space to cater almost 45,000 professionals. Phase 1 of the Project will comprise two buildings, offering a net leasable area of 1.25 million square feet for IT and IT- enabled services companies. For the Project, the Borrower has obtained a pre- certified “platinum rating” from Indian Green Building Council.

The Juris Corp team was led by Partner Mr. Nand Gopal Anand (Picture), Senior Associate Mr. Harshit Dusad and Associate Mr. Vrindesh Patel.

Involved fees earner: Nand Gopal Anand – Juris Corp Harshit Dusad – Juris Corp Vrindesh Patel – Juris Corp ;

Law Firms: Juris Corp 

Clients: DBS Bank

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