You are here: Home » News-CM » Companies » News
Business Standard

Mindspace Business Parks REIT receives reaffirmation in credit ratings from CRISIL

Capital Market 

Mindspace Business Parks REIT has received reaffirmation in credit ratings from CRISIL as under:

Corporate credit rating - CCR AAA/ Stable Non-convertible debentures up to Rs 500 crore- Provisional CRISIL AAA/ Stable^ Commercial paper up to Rs 250 crore - CRISIL A1+

Also, CRISIL has assigned provisional rating of 'Provisional CRISIL PP-MLD AAAr/ Stable^ to long term principal protected market linked debentures of Mindspace REIT up to Rs 500 crore.

The aforesaid rating to long term principal protected market linked debenture of Mindspace REIT upto Rs 500 crore has been converted from provisional rating to final rating as CRISIL PP-MLD AAAr/ Stable.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, October 12 2020. 09:27 IST