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    MINDSPACE — Mindspace Business Parks REIT News Story

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    India New Issue-Mindspace Business Parks REIT accepts bids for 8-year bonds, bankers say

    Picture of Mindspace Business Parks REIT logoMindspace Business Parks REIT
    18/08/2025 09:55
    MUMBAI, Aug 18 (Reuters) - India's Mindspace Business Parks REIT MINS.NS accepts bids for 5.5 billion rupees ($62.91 million) for bonds maturing in eight years, three bankers said on Monday.

The company will pay a coupon of 7.1470% and had invited commitment bids from bankers and investors for the issue earlier in the day, they said.

The company did not immediately reply to a Reuters email seeking comment.

 Here is the list of deals reported so far on August 18:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Mindspace Business Parks REIT8 years7.14705.5August 18AAA(Crisil)
    Kotak Mahindra Prime5 years7.255August 19AAA (Crisil)
    

*Size includes base plus greenshoe for some issues

($1 = 87.4213 Indian rupees)

 (Reporting by Khushi Malhotra; Editing by Harikrishnan Nair)

 ((Khushi.malhotra@tr.com))

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