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    MINDSPACE — Mindspace Business Parks REIT News Story

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    India New Issue-Mindspace Business Parks REIT withdraws bond issue, bankers say (updated)

    Picture of Mindspace Business Parks REIT logoMindspace Business Parks REIT
    10/09/2025 07:04
    Updates with details of bond issue withdrawal

MUMBAI, Sept 10 (Reuters) - India's Mindspace Business Parks REIT MINS.NS has withdrawn its planned bond issue, due for bidding on Wednesday, and will tap the market again in coming days, two bankers said.

The company was looking to raise 6 billion rupees ($68.06 million) through the sale of bonds maturing in two years.

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

Here is the list of deals reported so far on September 10:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    KPI Green Energy5 years8.5% (quarterly)6.7September 10A- (Icra)
    Sundaram Finance2 years7.0510September 10AAA (Crisil)
    Bajaj Finance3 years and 3 monthsTo be decided10+10September 10AAA (Crisil)
    Manipal Hospitals2 yearsTo be decided53.10September 10AA (India Ratings)
    Poonawalla Fincorp3 years7.5810September 9AAA (Crisil)
    

*Size includes base plus greenshoe for some issues

($1 = 88.1525 Indian rupees)

 (Reporting by Khushi Malhotra; Editing by Nivedita Bhattacharjee)

 ((Khushi.malhotra@tr.com))

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