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:
Issuer
Mindspace Business Parks REIT
Tenure
5 years
Coupon (in %)
7.1485 (quarterly)
Issue size (in bln rupees)*
7
Bidding date
November 13
Rating
AAA(Crisil)
*Size includes base plus greenshoe for some issues
($1 = 88.6650 Indian rupees)