Mindspace Business Parks REIT accepts bids for 3-year bonds, bankers say

About this update from Mindspace Business Parks Reit

India's Mindspace Business Parks REIT NSE:MINDSPACE.RR has accepted bids worth 12 billion rupees ($133.5 million) selling bonds maturing in three years, three bankers said on Thursday.The company will pay a coupon of 6.96% payable quarterly and had invited commitment bids from bankers and investors for the issue earlier on the day, they said.The company did not reply to a Reuters email seeking comment. Here is the list of deals reported so far on December 4: IssuerMindspace Business Parks REITTenure3 yearsCoupon (in %)6.96 (payable quarterly)Issue size (in bln rupees)*12Bidding dateDecember 4RatingAAA (Crisil)*Size includes base plus greenshoe for some issues($1 = 89.9110 Indian rupees)

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