Brief: Embassy REIT Announces 3.35 Billion Rupees Acquisition of Embassy Business Hub In Bangalore

Embassy Office Parks REIT

28/03/2023 08:08

March 28 (Reuters) - Embassy Office Parks REIT
 EMBA.NS :
    * EMBASSY OFFICE PARKS REIT - APPROVED ACQUISITION OF
EMBASSY
BUSINESS HUB
    * EMBASSY OFFICE PARKS REIT - DEAL FOR AGGREGATE ENTERPRISE
VALUE
OF 3.35 BILLION RUPEES
    * EMBASSY OFFICE PARKS REIT -  EMBASSY REIT PLANS TO
PRIMARILY
FUND THE ACQUISITION THROUGH DEBT AT 8.1% INTEREST COST PER
ANNUM
    * EMBASSY OFFICE PARKS REIT -  TO FUND ACQUISITION  EMBASSY
REIT
HAS SECURED BINDING COMMITMENTS FROM LEADING FINANCIAL
INSTITUTIONS.

Source text for Eikon:  ID:nBSEbptyY0 
Further company coverage:  EMBA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))