DEAL DETAILS
Mars Growth Capital Fund 1, L.P. | Corporate guarantee to be issued by Hella Infra Market Private Limited from Mars Growth Capital Fund
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HEADINGS |
DETAILS |
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Sector |
Infrastructure |
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Announcement Date |
06-Jun-2022 |
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Completion Date |
06-Jun-2022 |
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Name of Client |
Mars Growth Capital Fund 1, L.P. Mars is a fund of global capital market fund Liquidity Group. |
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Investor Details |
Mars Growth Capital Fund 1 L.P. | Singapore |
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Deal Description |
Acted as the Indian Counsel to Liquidity group's Mars Growth Capital Fund 1, L.P. in relation to the contractual comforts extended by the Indian security providers qua a financial assistance not exceeding USD 50 million extended to an offshore borrower entity. We have undertaken the drafting, negotiation and finalization of the contractual comforts and advised on the legal/regulatory aspects pertaining to the same. |
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Total Consideration |
USD 50 million |
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Team Members |
The core team consisted of Siddharth Srivastava (Partner), Rashneet Kaur (Principal Associate) |
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Role of Firm |
Indian counsel to Lenders |
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Press Coverage |
https://www.business-standard.com/article/companies/infra-market-raises-rs-390-crore-funding-from-liquidity-group-s-arm-122061301002_1.html https://timesofindia.indiatimes.com/infra-market-raises-usd-50-million-from-liquidity-groups-arm/articleshow/92185840.cms |