Brief: Embassy Office Parks REIT Raises 10.50 Billion Rupees Of Coupon-Bearing NCDs

Embassy Office Parks REIT

05/06/2023 08:53

June 5 (Reuters) - Embassy Office Parks REIT  EMBA.NS :
    * RAISED 10.50 BILLION RUPEES OF COUPON-BEARING
NON-CONVERTIBLE
DEBENTURES
    * WILL UTILIZE PROCEEDS FROM DEBT RAISE TO REFINANCE BANK
LOANS
    * WILL BE ABLE TO SECURE  AROUND 138 BPS INTEREST SAVINGS ON
LOANS
VIA REFINANCE AT 7.77% COUPON

Source text for Eikon:  ID:nBSEbbsC7Z 
Further company coverage:  EMBA.NS 

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