•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

AZB assists KKR India Asset Finance on $82m loan to Bangalore’s Bhartiya City Developers township project

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.

Click to show 1 comment
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.

Latest comments