Khaitan & Co advises Standard Chartered Bank in relation to corporate guarantee

Khaitan & Co has advised Standard Chartered Bank in London in relation to a corporate guarantee provided by Crompton Greaves under the overseas direct investment route, in order to secure an approximately $27m (£17m) term loan facility availed by CG International in the Netherlands.

Partner Devidas Banerji led the transaction and acted as the Indian legal adviser to Standard Chartered Bank.