Cyril Amarchand Mangaldas Advised Nomura on issue of NCDs by P R Enerrgy Holding Limited
Cyril Amarchand Mangaldas Advised Nomura on issue of NCDs by P R Enerrgy Holding Limited
Cyril Amarchand Mangaldas advised Nomura Capital India (Private) Limited and Nomura Investment Singapore Pte. Ltd. (collectively known as ‘Nomura’) on subscription to Non-convertible Debentures (NCDs) issued by P R Enerrgy Holding Limited (P R Enerrgy), which is a group company of Penna Cement Industries Limited.
As part of the transaction, on the issue, P R Enerrgy issued unlisted, secured, redeemable non-convertible debentures (Debentures) in first tranche on a private placement basis to Nomura Capital India (Private) Limited and Nomura Investment Singapore Pte. Ltd.
The Project & Project Finance Practice of Cyril Amarchand Mangaldas advised Nomura on the transaction.
The transaction team was led by Ramanuj Kumar, Partner; with support from Aiswarja Mohanty, Principal Associate; Shrey Srivastava, Senior Associate; and Mohak Thukral Associate.
Abhilash Pillai, Partner; with support from Vidyavathi Kowshik, Senior Associate; and Pavithra Rao, Associate advised on real estate aspects of the transaction.
