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Mindspace Business Parks REIT informs about credit rating

31 May 2024 Evaluate
Mindspace Business Parks REIT has informed that CRISIL Ratings has revalidated the rating as CRISIL AAA/Stable (pronounced as CRISIL triple A with Stable outlook) assigned to the Non-Convertible Debentures of Rs. 800 Crores (Rs. 460 Crores yet to be issued by Mindspace REIT) and Rs. 540 Crores vide its letters bearing reference numbers RL/MIBPKR/341634/NCD/0524/89622/168549237 and RL/MIBPKR/341634/NCD/0524/89621/168550107, respectively dated May 31, 2024. Also, ICRA has revalidated the rating as [ICRA] AAA (pronounced ICRA Triple A) assigned to the proposed Non-Convertible Debentures of Rs. 1,000 Crores vide its letter bearing reference number ICRA/Mindspace Business Parks REIT/30052024/1 dated May 30, 2024. The revalidated rating letters issued by CRISIL Ratings Limited and ICRA Limited in respect of the said Non Convertible Debentures are enclosed.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bajaj Finserv 1833.85
TVS Holdings 12825.20
Cholamandalam Fin. 1425.25
Altius Telecom Infra 171.00
Kama Holdings 2179.95
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