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CapitaLand India Trust diversifies funding sources with INR13 billion onshore loan to develop its...

CapitaLand India Trust (CLINT) has secured a five-year construction loan of INR13 billion (approximately S$214 million1) from J.P. Morgan India to finance phase 1 development of its data centre in Navi Mumbai. Securing this onshore loan in India reflects CLINT’s disciplined capital management through a diversification of its funding sources.