Embassy REIT Secures ₹2,000 Crore To Repay Maturing NCDs
09 Oct 2024
Embassy Office Parks REIT has successfully raised ₹2,000 crore in debt to address non-convertible debentures (NCDs) that are maturing this month. In a regulatory filing made on Tuesday, Embassy REIT announced that it has secured “₹2,000 crore of coupon-bearing debt at an interest rate of 7.95 percent.” “We are...
Read More