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Juris Corp represented T-Hills Private Limited in raising of debt capital

Represented: T-Hills Private Limited, a subsidiary of Puravankara Limited

Total Deal Value in USD: 42.30 Million

Deal Makers

Partners: Apurva Kanvinde and Saurabh Sharma

Other Lawyers: Smit Parekh and Dhwani Bansdawala

Juris Corp acted as the investor counsel to T-Hills Private Limited (“Issuer”), a subsidiary of Puravankara Limited in relation to the issue of commercial papers (“CPs”); and listed and secured non-convertible debentures issued on a private placement basis (“NCDs”). The NCDs were guaranteed by the parent company, Puravankara Limited and the mortgage was created over the immovable properties of the Issuer. The funds were raised for refinancing purpose with respect to the debt availed for funding its project at Devanhalli, Bengaluru.

The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at [email protected] mentioning your firm’s name, lawyers involved (including designation) and client represented.

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