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MINDSPACE — Mindspace Business Parks REIT News Story

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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

- 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)

((Dharamraj.dhutia@tr.com))

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