22 Jan 2024


Trilegal advised Ontario Teachers’ Pension Plan on multiple rounds of follow-on investments of an aggregate amount of ~USD 114 million in Highways Infrastructure Trust (a SEBI-registered infrastructure investment trust sponsored by KKR), through a combination of routes.
The Highways Infrastructure Trust owns a mixed portfolio of toll and annuity road assets. OTPP has stepped-up its stake in the unit capital of Highways Infrastructure Trust to 19.5% (from 7.51%, which was acquired in 2022 as part of the initial offering of these units).
Our Corporate Partners Sanjam Arora and Vishal Sagar led the deal. Other attorneys who supported the deal were Shashwat Sharma, Counsel; Shreya Shenolikar and Shubranshu Prabhakar, Associates.
About Trilegal
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.
Trilegal has been recognised as the India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; one of the ‘Best Overall Law Firms’ at the India Business Law Journal Indian Law Firm Awards 2022; ‘Firm of the year’ for Client Service Excellence by Asia Law Awards 2021; “M&A Law firm of the Year” by VCCircle Awards 2020 one of the most innovative law firms in Asia in the inaugural edition of ALB Trailblazers 2020; and ‘highly commended’ in the FT RSG Innovative Lawyers Awards 2020.
For more information, please contact:
Sahil Wason
Mob: +91-8928008122 | BD@trilegal.com
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