Embassy Office Parks REIT plans 3-year bond sale, bankers say
India’s Embassy Office Parks REIT plans to raise INR 10 billion via 3-year bonds, three bankers said on Tuesday. The coupon is set at a margin over the 3-month overnight index swap rate.
6 million) through a bond sale with a three-year maturity, three bankers said on Tuesday. The firm will pay a coupon of 150 basis points over the three-month overnight index swap rate, which currently works out to…