India New Issue-Mindspace Business Parks accepts bids for bond issue, bankers say
India New Issue-Mindspace Business Parks accepts bids for bond issue, bankers say MUMBAI, Aug 21 (Reuters) - India's Mindspace Business Parks REIT MINS.NS has accepted bids worth 5 billion rupees ($52.22 million) for bonds maturing in two years and one month, two bankers said on Friday.
The company will pay a coupon of 7.6335%, which would be payable on a quarterly basis, and had invited commitment bids earlier in the day, they said.
The company did not reply to a Reuters email seeking comment.
Here is the list of deals reported so far on August 21:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Mindspace Business Parks REIT | 2 year and 1 month | 7.6335 | 5 | August 21 | AAA(Crisil) |
* Size includes base plus greenshoe for some issues
($1 = 95.7400 Indian rupees)
(Reporting by Dharamraj Dhutia)
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