MEP exploring private placement option for InvIT

Private placement option may offer MEP more flexibility to bundle their projects, the MD said

Infrastructure and toll management company MEP Infrastructure Developers Ltd is exploring private placement for its infrastructure investment trust (InvIT) against its earlier plan for a public listing of the InvIT, company officials said. 
 

“We are currently evaluating private placement as an option,” said Jayant Mhaiskar, vice chairman and managing director, MEP Infrastructure. 
 

Mhaiskar added that private placement option may offer the company more flexibility to bundle their under construction projects in the InvIT model. “InvIT through private placement, we understand this can be used for under construction projects, we are consulting bankers to explore if the HAM projects will also