January 2024, Banking and Finance

TT&A advised the investor in the listed NCD issuance by Data Infrastructure Trust, a SEBI registered InVIT

TT&A advised the investor in the listed NCD issuance by Data Infrastructure Trust, a SEBI registered InVIT

TT&A advised the investor and debenture trustee in relation to issuance of senior, taxable, redeemable, listed, and rated non-convertible debentures, aggregating to INR 320,00,00,000, by Data Infrastructure Trust. The issuer is registered as an infrastructure investment trust under the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, and this is the first listed bond issuance by this InvIT.

TT&A Team: Rituparno Bhattacharya & Nikhil Bahl – Partners; Saurav Roy – Senior Associate and Pallav Rathi – Associate

Rituparno Bhattacharya

Partner, Mumbai

Nikhil Bahl

Partner, Delhi

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