Shardul Amarchand Mangaldas & Co. advises Mindspace Business Parks REIT through its investment manager, K Raheja Corp Investment Managers LLP to issue non – convertible debentures

October 30, 2020

Shardul Amarchand Mangaldas & Co (SAM & Co) advised Mindspace Business Parks REIT through its investment manager K Raheja Corp Investment Managers LLP to issue non-convertible, market linked debentures aggregating up to INR 500 Crores. The debentures were allotted on September 29, 2020.

Mindspace Business Parks REIT is a real estate investment trust registered with the Securities and Exchange Board of India and this is the first issue of market-linked debentures by a real estate investment trust registered with the SEBI.

The transaction Team was led by Shilpa Mankar Ahluwalia, Partner; Shubhangi Garg, Partner; Pritha Chatterjee, Principal Associate; Neeati Narayan, Associate; and Shobhit Shukla, Associate.

Nikhil Naredi, Partner; and Aditya Iyer, Associate advised on certain capital markets aspects of the transaction.