Mindspace Business Parks REIT Allots ₹560 Crore Non-Convertible Debentures with 7.17% Coupon Rate
Published on: March 5, 2026, 6:55 p.m. | Source: scanx.trade
Mindspace Business Parks REIT completed the allotment of 56,000 non-convertible debentures worth ₹560 crores on March 05, 2026, with a 7.1652% coupon rate and 3-year maturity. The REIT received ₹560.31 crores in total consideration, including a premium of ₹30.75 lakhs. This debt issuance aligns with the company's broader fundraising strategy approved in January 2026, maintaining compliance with regulatory debt-to-asset ratio limits of 33%.
