InfraCompute / Deals
Yotta Data Services term loan (Rs 13.57bn long-term debt)
Corporate credit facility for Yotta Data Services, INR13.57B, 11 February 2024.
Key terms
- Borrower or issuer
- Yotta Data Services
- Date
- 11 February 2024
- Structure
- Corporate credit facility
- Amount
- INR13.57bn
- Pricing
- 8.85%
- Tenor
- 12 years
Recorded terms
- Lender type
- Bank loansNamed lender: State Bank of India
- Tenor
- 12 years
- Security
- Two Navi Mumbai data centres; Powai receivables (not GPU-backed)
- Lenders and arrangers
- State Bank of India
Parties
Similar financings
Same structure, other borrowers, closest in date.
More from Yotta Data Services
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Sources
- Yotta Data Services term loan (Rs 13.57bn long-term debt)Source date: 11 February 2024
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
