India New Issue-Mindspace Business Parks REIT to issue over 3-year bonds - bankers

MUMBAI, March 9 (Reuters) - India's Mindspace Business Parks REIT plans to raise 5.5 billion rupees ($67.09 million) through bonds maturing in three years and one month, three merchant bankers said on Thursday.

The company will pay a coupon of 8.02% on this bond issue for which it has invited bids from bankers and investors on Tuesday.

The bonds are rated AAA by ICRA and the issue will be settled next week. The notes will mature in April 2026.
($1 = 81.9850 Indian rupees) (Reporting by Bhakti Tambe; editing by Uttaresh Venkateshwaran)

bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

India New Issue-Mindspace Business Parks REIT to issue over 3-year bonds - bankers

By Reuters

Reuters

Reuters

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Solid price gains for gold, silver after busy news weekend

Bitcoin remains a ‘speculative vehicle’ and ‘won’t work’ as a reserve: ‘I prefer gold’ – Ray Dalio