On private placement basis
Embassy Office Parks REIT announced today that it has successfully priced and allotted by way of a private placement, Rs. 650 crore of rupee denominated, listed, rated, secured, redeemable and non-convertible debentures (NCDs). The NCDs will be listed on the Wholesale Debt Market of the BSE.The NCDs (Series I Tranche II NCDs) carry a face value of Rs. 1,000,000 (Indian Rupees One million Only) with yield to maturity of 9.05% and will mature in June 2022 (co-terminus with maturity date of the Series I Tranche I NCDs).
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