Cases & Deals

OMERS completes US$266 million investment in HDFC of India

Client(s) OMERS Administration Corporation

Jones Day advised OMERS, the pension plan for Ontario's municipal employees, in connection with its US$266 million investment of Equity Shares of Housing Development Finance Corporation Limited (“HDFC”), India's largest private sector lender. The investment forms part of an aggregate US$1.75 billion fundraising by HDFC, undertaken by way of a preferential allotment of Equity Shares to OMERS, KKR, GIC, Carmignac Group, and Premji Invest.