Embassy Office Parks REIT successfully raised ₹1,550 crore through NCDs and term loans to refinance existing debt, projecting annual interest savings of 113 bps. The NCD issuance, priced at a competitive 6.97%, saw strong institutional demand. This strategic move supports Embassy REIT’s balance sheet management and positions it for future growth, reflecting investor confidence in India’s commercial real estate sector.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets