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

Mindspace Business Parks REIT

02/03/2026 06:13

MUMBAI, March 2 (Reuters) - India's Mindspace Business Parks REIT MINS.NS plans to raise 5.60 billion rupees  ($61.2 million) by selling bonds maturing in three years, three bankers said on Monday.

The company will pay a coupon of 6.96% payable quarterly and had invited commitment bids from bankers and investors for the issue earlier on 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 March 2:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Mindspace Business Parks REIT
3 years
To be decided
5.60
March 4
AAA (Crisil)
SIDBI
3 years and 4 months
To be decided
20+60
March 4
AAA (Care, Crisil)

*Size includes base plus greenshoe for some issues

($1 = 91.4500 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

 ((Dharamraj.dhutia@tr.com))