Embassy Office Parks REIT allots NCDs aggregating Rs 1000 cr

9 Apr 2022 , 01:35 AM

Embassy Office Parks REIT has approved the allotment of 10000 NCDs with a face value of Rs 10 lakh per debenture aggregating up to Rs 1000 crore on a private placement basis on 05 April 2022 The tenure of the NCDs is 60 months from the deemed date of allotment of the NCDs with a coupon rate at 735Percentage per annum payable on a quarterly basis to the debenture holders The NCDs are proposed to be listed on the Wholesale Debt Market WDM Segment of the BSE