Jun 06, 2024

Consortium of lenders, led by DBS Bank, GIFT City, on a USD 100 million secured and syndicated external commercial borrowing (ECB) loan.

AZB & Partners advised the consortium of lenders, led by DBS Bank, GIFT City, on a USD 100 million secured and syndicated external commercial borrowing (ECB) loan to HDFC Credila Financial Services Limited to support its growing retail education loan franchise.

Our deal team comprised our Senior Partner Anand Shah, Partner Hufriz Wadia and Senior Associate Shivani Agarwal. The team worked alongside Baker McKenzie, where Kah Chin Chu and Daryl Tan were the English law counsel for the lenders.

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