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Mindspace REIT receives ratings action from CRISIL

Capital Market 

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

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First Published: Wed, September 23 2020. 19:22 IST