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Mindspace REIT receives final rating for NCDs

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Capital Market
Last Updated : Mar 10 2021 | 3:50 PM IST
CRISIL Ratings had assigned provisional rating of 'Provisional CRISIL AAA/STABLE^' to non-convertible debentures of Mindspace REIT of upto Rs. 300 crore. The aforesaid rating to non-convertible debentures of Mindspace REIT upto Rs. 300 crore has been converted from provisional rating to final rating as 'CRISIL AAA/Stable'.

Further, CRISIL Ratings has assigned 'CRISIL PP-MLD AAAr/Stable' to Long term Principal Protected Market Linked Debentures of Mindspace REIT of upto Rs. 375 crore.

Also, CRISIL Ratings Limited has reaffirmed following credit ratings assigned to Mindspace REIT:

1 Long term Principal Protected Market Linked Debentures of Mindspace REIT upto Rs. 500 crore - CRISIL PP-MLD AAAr/Stable
2 Non-Convertible Debentures of Mindspace REIT upto Rs. 200 crore - CRISIL AAA/STABLE
3. Corporate Credit Rating - CCR AAA/Stable
4. Commercial Papers of Mindspace REIT upto Rs. 250 crore - CRISIL A1+

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First Published: Mar 10 2021 | 3:22 PM IST

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