Mindspace REIT receives ratings action from CRISIL

Mindspace Business Parks REIT announced that CRISIL has assigned the following ratings to various debt facilities:

Non-convertible debentures upto Rs 500 crore - Provisional CRISIL AAA/Stable

Long term principal protected market-linked debentures up to Rs 500 crore - Provisional CRISIL PP-MLD AAAr/ Stable

Commercial papers up to Rs 250 crore - Provisional CRISIL A1+

Further, CRISIL has reaffirmed corporate credit rating of CCR AAA/ Stable for Mindspace REIT.

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