December 2022, Banking and Finance

TT&A advised United States International Development Finance Corporation (“DFC”) in the un-funded guaranty provided to HSBC in relation to the loans provided by HSBC to Punjab Renewable Energy Systems Private Limited and PRES Oorja Private Limited

TT&A acted as the Indian law counsel to United States International Development Finance Corporation (“DFC”) in relation to the un-funded guaranty provided by DFC to the Hongkong and Shanghai Banking Corporation Limited, India (“HSBC”) for an amount of up to USD 10 Million under the structured obligations framework, in relation to the loans to be provided by HSBC to Punjab Renewable Energy Systems Private Limited and PRES Oorja Private Limited.

TT&A Team: Gautam Saha, Pallavi Meena & Pragya Sood – Partners; Siddharth Tandon – Managing Associate; and Tanya Maithani  – Associate

Gautam Saha

Joint Managing Partner, Delhi

Pallavi Meena

Partner, Delhi

Pragya Sood

Partner, Delhi

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