Krishnamurthy & Co. (K Law) advised India Resurgence Fund and Impresario Entertainment and Hospitality Private Limited in relation to Impresario Entertainment and Hospitality Private Limited availing certain rupee term loan facilities from ICICI Bank Limited for capital expenditures and opening of new outlets of Social at various locations across India.

Impresario Entertainment and Hospitality Private Limited is an investee company of India Resurgence Fund, a major India focused alternative investment platform sponsored by Piramal Group and Bain Capital Credit. Impresario Entertainment and Hospitality Private Limited is a market leader in the food and beverages segment and owns leading casual dining restaurant chain brands like Social, Anti-Social, Smoke House Deli, Prithvi Café, Mocha, Slink and Bardot, Bandra Born, Boss Burger, and Lucknowee and has presence all over India.

K Law advised in relation to the transaction from the inception stage up to the disbursement of the facilities and was involved in reviewing, negotiating, and finalising the term sheet, all lending documents, and the security documents. K Law was also involved in drafting various ancillary documents for the transaction.

The transaction was led by Zeeshan Khan (Partner) and supported by Anirban Roy Choudhury (Principal Associate) and a team of associates.

India Resurgence Fund’s business team was led by Ravi Shah and Yash Baid together with in-house legal counsel, Premit Chopda.

ICICI Bank was advised by its corporate legal team.