KhaitanCo, Clifford Chance team up for HSBC $30m loan to SBI

Friday, 9 May 2014 By Legally India Finance

Khaitan & Co and Clifford Chance Hong Kong advised HSBC’s Hong Kong branch on its $30m term loan facility to the State Bank of India’s Shanghai branch for general corporate purposes.

Khaitan banking partner Devidas Banerji (who joined the firm from CC in 2010) and Clifford Chance partner Matthew Truman acted for HSBC.

Khaitan & CoClifford Chance

Comments

Anon 10 May 2014, 04:53
+7 -0
USD 30m is pocket change in the banking industry. Why is this being even covered?
True 10 May 2014, 06:25
+7 -0
These are routine borrowings for offshore branches of Indian banks. Khaico's work is limited to issuing a template opinion re: capacity and enforceability.
kianganz 10 May 2014, 06:48
+1 -4
Because now you know that Khaitan and CC work together and what kind of work Khaitan's banking practice does. :)

But seriously, we will try to cover deals more regularly, including smaller deals that we wouldn't have perhaps done as standalones before, usually as very small and easily digestible updates.
Anon 10 May 2014, 18:13
+5 -0
Seems to be a bit too much of Khaico these days..whatsup Kian??
Shuklaji 13 May 2014, 05:43
+0 -0
Easily digestible eh? More like a brain fart.
Guest 11 May 2014, 17:49
+6 -2
We all know KCO's banking team is in the pits with no work -- guess this just proves it. Reporting a USD 30 mn loan, that too to an offshore branch. Kian, do you have any idea how foolish this headline sounds???
Commenting is closed for this article.