Embassy Office Parks REIT is engaging with bankers to secure 20 billion rupees through the issuance of five-year corporate bonds. The real estate investment trust aims to finalize the funding round before the month concludes. This debt sale is expected to garner significant interest from mutual funds and insurance companies, supported by a ‘AAA’ rating from Crisil.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets