KKR India Asset Finance, the realty-focused investment unit of global PE Firm KKR & Co. have invested INR 500 crores (USD 82 million) in a township project of the Bangalore-based Bhartiya City Developers Group by extending a term loan facility, as reported by Mint.

AZB & Partners advised KKR India Asset Finance & KKR India Financial Services on the transaction led by partners Sai Krishna Bharathan and Sugandha Asthana along with associates Chinmaya Gajaria and Tvisha Sharma.

Established in 2014, KKR India Asset Finance also invested Rs. 200 crores in Signature Global’s affordable housing project in Gurugram and Rs. 300 crores in three projects of Chennai-based Prince Foundations along with Bharatiya City Developers, making a total infusion of Rs.1,000 crores in the three real estate projects.

2017-03-24

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing. If you are or know one of the lawyers who acted on this deal but has not been credited, please leave a comment below (marked not for publication), preferably with your name and email address, and we will update the report.

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Like +0 Object -0 Chacha 29 Nov 17, 00:02
Well done, Tvishy!
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