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AZB & Partners act for Summit Digitel Infrastructure Private Limited on issuance of NCDs
AZB & Partners act for Summit Digitel Infrastructure Private Limited on issuance of NCDs Brookfield Asset Management Inc. (Brookfield) backed Summit Digitel Infrastructure Private Limited (Summit) which houses telecom towers used by Reliance Jio, has raised Rs. 11,836 crore via local bonds. AZB & Partners advised Summit on issuance of secured, unlisted, non-convertible debentures for...
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AZB & Partners act for Summit Digitel Infrastructure Private Limited on issuance of NCDs
Brookfield Asset Management Inc. (Brookfield) backed Summit Digitel Infrastructure Private Limited (Summit) which houses telecom towers used by Reliance Jio, has raised Rs. 11,836 crore via local bonds.
AZB & Partners advised Summit on issuance of secured, unlisted, non-convertible debentures for an aggregate amount of up to Rs. 118.36 Bn to Reliance Industries Limited.
The proceeds of the debentures will be used by Summit towards redeeming certain existing secured, unlisted non-convertible debentures.
The AZB & Partners team comprised of Partners – Gautam Saha and Nikhil Bahl.