Mindspace Business Parks REIT accepts bids for bond issue, bankers say

About this update from Mindspace Business Parks Reit

India's Mindspace Business Parks REIT NSE:MINDSPACE.RR accepted bids for 7 billion Indian rupees ($79.64 million) for bonds maturing in five years, three bankers said on Friday.The company will pay a coupon of 7.1485% payable quarterly and had invited commitment bids from bankers and investors for the issue on Thursday, they said.The company did not reply to a Reuters email seeking comment.Here is the list of deals reported so far on November 14: IssuerMindspace Business Parks REIT Tenure5 yearsCoupon (in %)7.1485 (quarterly)Issue size (in bln rupees)*7Bidding dateNovember 13RatingAAA(Crisil)*Size includes base plus greenshoe for some issues($1 = 88.6650 Indian rupees)

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