Capex / expansionNotableFiled on BSE ·

Embassy Office Parks REIT approved issuance of ₹700 crore Series XVII debentures

Embassy Office Parks REIT · Realty

Arthneeti Research DeskPublished 1 min read
₹700 CrCapex / expansion

Key highlights

  • Borrowings Committee approved issuance of 70,000 non-convertible debentures of ₹1,00,000 each, totaling ₹700 crore
  • Debentures are listed, rated, secured, redeemable, transferable, rupee denominated, with up to 3 years tenor
  • Proceeds to be used for repayment of existing debt and/or capital expenditure of Embassy REIT special purpose vehicles

Why it's rated notable: amount is ₹500 crore or more

Original filing

Reg 23(5)(i): Disclosure of material issue

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.