Embassy Office Parks REIT Secures Interest Savings Through NCDs

Embassy Office Parks REIT Secures Interest Savings Through NCDs.

Embassy Office Parks REIT, India’s first listed Real Estate Investment Trust (REIT), recently announced its successful debt raise of Rs 1,050 crore through non-convertible debentures (NCDs).

[{"selector":"#anim-d7d30fcc-da02-48ca-b99e-9451226e56c7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-18.886718558421904%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

This campaign is being held in order to refinance bank loans whose interest rates are about to reset.

[{"selector":"#anim-87b5eac1-627d-418e-b2a9-3584c8c31ced [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(18.169811490483024%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Embassy REIT demonstrates its commitment to responsible financial practices.

[{"selector":"#anim-6b476b2c-39a9-46c4-a14a-b7fb5c8ca1fc","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e881f468-9d59-4427-885b-d57e6c86a35c","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]