Mindspace REIT has raised ₹500 crore through a 10-year non-convertible debenture issuance, fully subscribed by a domestic insurer. The proceeds will be used to refinance existing debt. The move is aimed at extending debt maturity and locking in fixed interest costs.
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Mindspace REIT raises ₹500 crore via 10-year NCDs at 7.63% coupon
