Embassy Office Parks REIT issues NCDs aggregating Rs 1000 cr

5 Apr 2022 , 01:33 AM

Embassy Office Parks REIT on 30 March 2022 has issued 10000 listed rated secured redeemable transferable rupee denominated non-convertible debentures NCDs with a face value of Rs 10 lakh each by Embassy Office Parks REIT on a private placement basis for an aggregate amount of Rs 1000 crore for a term of 60 months from the deemed date of allotment The proceeds shall be utilized for subscribing to privately placed unlisted non-convertible debentures to be issued by Golflinks Software Park and for other general purposes