Issuance of Non- Convertible debentures by Coventry Properties Private Limited to funds managed by Motilal Oswal Real Estate Investment Advisors II Private Limited. The Non-Convertible debenture were issued to fund a real estate project in Sewree, Mumbai.
ELP advised
The negotiations happened at the time when fund raising was particularly difficult due to a crisis in the India market. The negotiations were protracted since the perception of risk was high for both the parties.
Dua Associates advised
This deal has not been reported by any mainstream media outlets at the time of going to press and is based on the information supplied in a law firm's press release.
Deal value: INR 750,000,000
2018-06-01
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.