Mindspace Business Parks Reit - AAA Rated (INE0CCU07041)

Mindspace Business Parks Reit, a Real Estate Investment Trusts (REITs) company, has floated Debenture, having ISIN value as INE0CCU07041, with a face value of ₹10,00,000 rs on 18Mar21 to raise 375 crores. The debt instrument is issued with a coupon rate of G SEC LINK and its interest is paid on Maturity. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 10YR GSEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED NON- CONVERTIBLE DEBENTURE.SERIES 2. DATE OF MATURITY 17/05/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 22Mar21. CRISIL RATINGS LIMITED has given PP-MLD AAA rating to this Debenture on 09Mar21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.