Embassy REIT raises Rs 1,000 cr via debentures to refinance debt

Embassy Office Parks REIT has effectively secured Rs 1,000 crore via non-convertible debentures, aimed at refinancing its existing debts and boosting its financial position. This notable transaction highlights a pivotal moment in the evolution of India's REIT market and was fully subscribed by a reputable European bank, showcasing substantial international interest and the ongoing regulatory support from SEBI and RBI for the sector.