On private placement basis
Embassy Office Parks REIT announced today that it has successfully priced and allotted by way of a private placement, Rs. 650 crore of rupee denominated, listed, rated, secured, redeemable and non-convertible debentures (NCDs). The NCDs will be listed on the Wholesale Debt Market of the BSE.The NCDs (Series I Tranche II NCDs) carry a face value of Rs. 1,000,000 (Indian Rupees One million Only) with yield to maturity of 9.05% and will mature in June 2022 (co-terminus with maturity date of the Series I Tranche I NCDs).
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app