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

Mindspace Business Parks REIT

12/09/2025 11:28

MUMBAI, Sept 12 (Reuters) - India's Mindspace Business Parks REIT MINS.NS accepted bids for 6 billion rupees ($67.97 million) for bonds maturing in two years, three bankers said on Friday.

The company will pay a coupon of 7% payable quarterly and had invited commitment bids from bankers and investors for the issue 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 September 12:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Mindspace Business Park REIT
2 years
7 (quarterly)
6
September 12
AAA(Crisil)
Kotak Mahindra Prime
3 years
7.2990
3.7
September 12
AAA(Crisil)
Kotak Mahindra Prime
3 years and 1 month
7.2880
5.8
September 12
AAA(Crisil)
Bajaj Finance
3 years and 1 month
7.10
10
September 12
AAA(Crisil)
Tata Capital Jul 2028 reissue
2 year and 10 months
To be decided
3+4
September 12
AAA (Icra, Crisil)
Tata Capital
Apr 2030 reissue
4 year and 7 months
7.30 (yield)
1+4
September 12
AAA (Icra, Crisil)

*Size includes base plus greenshoe for some issues

($1 = 88.2700 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Janane Venkatraman)

 ((Dharamraj.dhutia@tr.com, khushi.malhotra@tr.com))