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Touchstone Partners says it advised Buildmex-Infra on an INR 1.3 billion debenture issuance
Touchstone Partners said it advised Buildmex-Infra on issuing secured, redeemable, nonconvertible debentures totaling up to INR 1.3 billion. The firm said the private placement will occur in one or more tranches, with the securities issued in dematerialized form and backed by issuer assets and group-company guarantees.
Key points
- Touchstone Partners said each debenture has a face value of INR 100,000.Touchstone Partners
- The firm said the debentures are fully paid-up.Touchstone Partners
- Touchstone Partners said the securities are unrated and unlisted.Touchstone Partners
- The firm said its team included Tanay Agarwal, Nikita Agarwal and Ayan Verma.Touchstone Partners