Cerberus Capital affiliate and certain other investors on a INR 28,600 crores investment in NCDs issued by the Shapoorji Pallonji Group
Khaitan & Co has advised an affiliate of Cerberus Capital Management and certain other investors on their investment in the unrated, unlisted, secured, zero coupon, redeemable, non-convertible debentures issued by Porteast Investment Pvt Ltd, a member of Shapoorji Pallonji Group, for an amount up to INR 28,600 crores (approx. USD 3.3 billion) for the purpose of refinancing the existing debt of group entities.