India: Embassy Reit raises nearly $355m via debentures

India: Embassy Reit raises nearly $355m via debentures

Photo: Pixabay

Embassy Office Parks Reit, the country’s first listed real estate investment trust, on Friday said it has raised ₹2,600 crore through the issue of non-convertible debentures (NCDs) to refinance existing debt of its office park Embassy Tech Village in Bengaluru.

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