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Knowledge Realty Trust accepts bids for bond issue, bankers say

Knowledge Realty Trust accepts bids for bond issue, bankers say

Knowledge Realty TrustJune 18, 20263
Knowledge Realty Trust accepts bids for bond issue, bankers say

About this update from Knowledge Realty Trust

India's Knowledge Realty Trust NSE:KRT.RR accepts bids worth 6 billion rupees ($63.6 million) for bonds maturing in two years and eight months, three bankers said on Thursday.It will pay a coupon of 7.5397%, and had invited commitment bids for the issue earlier in the day, they said.The company did not immediately respond to a Reuters email seeking comment.Here is the list of deals reported so far on June 18:IssuerKnowledge Realty TrustTenure2 years and 8 monthsCoupon (in %)7.5397%Issue size (in bln rupees)*6Bidding dateJune 18RatingAAA (Crisil, Icra)*Size includes base plus greenshoe for some issues($1 = 94.3325 Indian rupees)

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