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    MINDSPACE — Mindspace Business Parks REIT News Story

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    India New Issue-Mindspace Business Parks REIT to issue 3-year bonds, bankers say

    Picture of Mindspace Business Parks REIT logoMindspace Business Parks REIT
    03/12/2025 04:53
    MUMBAI, Dec 3 (Reuters) - India's Mindspace Business Parks REIT MINS.NS plans to raise 12 billion rupees ($133.2 million) selling bonds maturing in three years, three bankers said on Wednesday.

The company will pay a coupon of 6.96% payable quarterly and has invited commitment bids from bankers and investors for the issue on Thursday, they said.

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

 Here is the list of deals reported so far on December 3:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Mindspace Business Parks REIT3 years6.96 (payable quarterly)12December 4AAA(Crisil)
    

*Size includes base plus greenshoe for some issues

($1 = 90.1130 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

 ((Dharamraj.dhutia@tr.com))

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