Embassy Reit Raises Rs 1,000 Cr From European Bank In First Trust-Level Bank Financing

The three-year floating-rate debt will refinance existing borrowings as RBI’s June framework expands institutional funding options for Indian REITsBengaluru-based Embassy Real Estate Investment Trust (REIT) has raised Rs 1,000 crore through the issuance of non-convertible debentures (NCDs) to a sch…