Khaitan & Co Advised True North Credit Opportunities Fund I On Acquisition Financing

Khaitan & Co Advised True North Credit Opportunities Fund I on Acquisition Financing

The leading law firm in India, Khaitan & Co, acted as legal advisors to True North Credit Opportunities Fund I in relation to its investment in unlisted, secured, redeemable non-convertible debentures (NCDs) aggregating to INR 360 Crores issued by Innova Rubbers Private Limited and Vee Tee Auto Manufacturing Company Private Limited. The proceeds from the issuance of NCDs were utilised by the Issuers to strengthen promoter control and align the structure for the future growth of the Issuers.

The core team from Khaitan & Co consisted of Rolwine Alva (Partner), Savni Tewari (Counsel), Sarika Jhanwar (Senior Associate), Yash Bhatt (Associate), Kartikey G (Associate), and Vidisha Tanna (Associate).

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