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    EMBASSY — Embassy Office Parks REIT News Story

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    India New Issue-Embassy Office Parks REIT issues near 21-month bonds, bankers say

    Picture of Embassy Office Parks REIT logoEmbassy Office Parks REIT
    27/06/2025 08:50
    MUMBAI, June 27 (Reuters) - India's Embassy Office Parks REIT EMBA.NS raises 7.50 billion rupees ($87.70 million) through the sale of bonds maturing in 1 year 8 months and 20 days, three bankers said on Friday.

It will pay a coupon of 6.9650% on a quarterly basis, and had invited commitment bids for the issue on Thursday, they said.

The company did not respond to a Reuters email seeking comment.

  Here is the list of deals reported so far on June 27:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Embassy Office Parks REIT1 year 8 months and 20 days6.9650 (quarterly)7.50June 26AAA (Crisil)
    Kotak Mahindra Investments2 years and 19 days7.29410.75+2.75June 30AAA (Crisil)
    Kotak Mahindra Investments3 years, 1 month and 10 days7.32861+3June 30AAA (Crisil)
    

*Size includes base plus greenshoe for some issues

($1 = 85.5230 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Anil D'Silva)

 ((Dharamraj.dhutia@tr.com))

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