India New Issue-Embassy REIT accepts bids for 3-year bonds, bankers say

Embassy Office Parks REIT

22/06/2026 10:18

    MUMBAI, June 22 (Reuters) - India's Embassy Office Parks REIT EMBA.NS accepted bids worth 7 billion rupees ($73.94 million) for bonds maturing in three years, three bankers said on Monday.
It will pay a coupon of 7.49% on a quarterly basis and had invited commitment bids for the issue earlier in the day, they said.
The company did not respond to a Reuters email seeking comment.

    
 Here is the list of deals reported so far on June 22: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Embassy Office Parks REIT
3 years
7.49 (payable quarterly)
7
June 22
AAA (Crisil, Care)

            IREDA
          
3 years and six days
7.34
15
June 22
AAA (Icra, India ratings)

*Size includes base plus greenshoe for some issues


($1 = 94.6650 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Varun H K)
 ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))