TT&A advised Arranger and Lender (being the same financial institution)  in connection with the external commercial borrowing facility availed by Cyient Limited. The funds raised by availing the facility were inter alia utilized for acquisition of shares of TAO Digital Solutions Inc, an AI‑native data and product engineering solutions firm. 

This deal involved a cross-border outbound acquisition financing structure. Cyient and TAO Digital will help clients pivot efficiently to a data ready state to drive AI‑enabled scale that is built on robust data foundations delivering accelerated outcomes and sustained competitive advantage. 

TT&A Team: Sonali Mahapatra – Partner; Kartik Jigyasi – Managing Associate and Tarun Doyal – Associate