A clutch of investors including Beijing-based Asian Infrastructure Investment Bank (AIIB), Germany’s DEG, International Finance Corporation and Indian group HEG have invested in an infrastructure investment trust (InvIT) formed by Delhi-based infrastructure firm Oriental Structural Engineering (OSE), two people familiar with the deal said. Oriental Infra Trust raised Rs 2,300 crore through an offer of units that opened on June 10. — The Economic Times

Jerome Merchant and Partners advised ICICI Securities led by partner Shameek Ray.

Shardul Amarchand Mangaldas acted as counsel to Oriental Structural Engineering (OSE).

Cyril Amarchand Mangaldas acted as counsel to certain of the investors in the Invit.

Latham & Watkins acted as international counsel to the issue.

Deal value: INR 2300 Crore

2019-06-13

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