TT&A assisted Embassy Office Parks REIT (“Issuer”) in two issuances of secured, listed and rated non-convertible debentures aggregating to an amount of upto INR 500 crores each.

September 2023, Banking and Finance

TT&A assisted Embassy Office Parks REIT (“Issuer”) in two issuances of secured, listed and rated non-convertible debentures aggregating to an amount of upto INR 500 crores each.

The proceeds of the issue are proposed to be utilized primarily towards refinancing and/or prepayment of existing indebtedness of the Issuer. The debentures are to be secured inter alia by way of a charge over identified assets of the group.

TT&A Team: Sonali Mahapatra, Nidhi Rani – Partners; Swetha Vadarevu and Aman Golechha – Senior Associates; Devarsh Shah – Associate

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TT&A assisted Embassy Office Parks REIT (“Issuer”) in two issuances of secured, listed and rated non-convertible debentures aggregating to an amount of upto INR 500 crores each.

Sonali Mahapatra

Nidhi Rani

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