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Embassy Office Parks REIT’s committee approved Rs 400 crore commercial paper issuance for debt repayment
10-Aug-2026, 11:29
Embassy Office Parks Management Services Private Limited, acting as the manager to Embassy Office Parks REIT, announced that its Borrowings Committee approved the issuance of Rs 400 crore of listed, rated, redeemable, transferable, rupee-denominated commercial papers with a tenure of 91 days, to be used for repaying existing debt and working capital purposes. The issuance, designated as “CP Tranche XI Issue,” is subject to the condition that the total outstanding amount raised through commercial papers does not exceed 10% of Embassy REIT’s consolidated outstanding debt, as previously approved by the Board of Directors on April 27, 2026, to raise up to Rs 9,000 crore.
Embassy Office Parks Management Services Private Limited, acting as the manager to Embassy Office Parks REIT, announced that its Borrowings Committee approved the issuance of Rs 400 crore of listed, rated, redeemable, transferable, rupee-denominated commercial papers with a tenure of 91 days, to be used for repaying existing debt and working capital purposes. The issuance, designated as “CP Tranche XI Issue,” is subject to the condition that the total outstanding amount raised through commercial papers does not exceed 10% of Embassy REIT’s consolidated outstanding debt, as previously approved by the Board of Directors on April 27, 2026, to raise up to Rs 9,000 crore.