Shardul Amarchand Mangaldas advises Morgan Stanley India Company Private Limited in connection with issue of non – convertible debentures by Embassy Office Parks REIT

October 28, 2020

Shardul Amarchand Mangaldas & Co (SAM & Co) advised Morgan Stanley India Company Private Limited in connection with issue of rupee denominated, listed, rated, secured, transferable, redeemable, non-convertible debentures of a principal aggregate amount of INR 1,500 crore by Embassy Office Parks REIT, the first real estate investment trust listed in India, at a 6.70% quarterly coupon rate, issued in two tranches, with the first tranche of INR 750 crore allotted on September 9, 2020, and the second tranche of another INR 750 crore allotted on October 27, 2020.

The transaction was led by Mr. Prashant Gupta, Partner and National Practice Head – Capital Markets, Shilpa Mankar Ahluwalia, Partner; Ashoo Gupta, Partner; Monal Mukherjee, Partner; Reema Dash, Principal Associate; Akshita Agrawal, Principal Associate; Mansi Samdani, Associate; Himanshu Malhotra, Associate and Shobhit Shukla, Associate.