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:
Issuer
Mindspace Business Parks REIT
Tenure
3 years
Coupon (in %)
6.96 (payable quarterly)
Issue size (in bln rupees)*
12
Bidding date
December 4
Rating
AAA (Crisil)
*Size includes base plus greenshoe for some issues
($1 = 89.9110 Indian rupees)