-+ 0.00%
-+ 0.00%
-+ 0.00%

CapitaLand India Trust unit secures INR 16.72 billion construction loan from Mizuho Bank

PUBT·06/03/2026 09:31:15
Listen to the news
CapitaLand India Trust unit secures INR 16.72 billion construction loan from Mizuho Bank
  • CapitaLand India Trust’s 79.8%-owned Datascape Realty signed an INR 16.72 billion construction loan with Mizuho Bank on June 3.
  • It also arranged an INR 17.72 billion Standby Letter of Credit facility from Mizuho’s Singapore branch to support the onshore loan.
  • The loan can be mandatorily prepaid or defaulted if the trust’s stake in Datascape falls below 51% or it loses management control.
  • The SBLC can be terminated if CapitaLand Investment’s stake in the trustee-manager drops below 51%, the trust is terminated, or the trustee-manager is replaced.
  • Potential cross-default exposure across affected borrowings totaled about S$ 1.72 billion as of June 3, excluding interest.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CapitaLand India Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: Y2KSMED9HK3KRFCK) on June 03, 2026, and is solely responsible for the information contained therein.