CAM Acts on $ 98 Million Embassy Office Parks Deal for Blackstone Group (March ’19) – Legally India

Embassy Office Parks, which recently launched India’s first real estate investment trust (REIT), said on Friday it would raise Rs 3,000 crore through placement-based bond allocation private.

Business today

The Blackstone Group entities have invested an amount of approximately INR 680 crore in Embassy Office Ventures Private Limited (EOVPL), which provides consultancy / advisory services and offers to undertake the development of industrial parks and special economic zones. Embassy Property Developments Private Limited (EPDPL) also participated in the funding round and invested around INR 10 crore. The parties have subscribed to compulsory convertible bonds (CCDs).

Cyril Amarchand Mangaldas entities advised in the Blackstone Group led by a team of partner Reeba Chacko, partner Nagavalli G, senior partner Harish S.

2019-03-28

Transaction value: 98 million USD

This transaction report is based on a company press release and may be only partially complete. Some firms or names of advisers may therefore be missing.

Click here if you’re working with a law firm that hasn’t been credited for this deal, and we’ll update the report promptly.