Embassy REIT Greenlights ₹1,100 Crore Commercial Paper Plan

Representative AI image
Representative AI image

NEW DELHI: Embassy Office Parks REIT (Embassy REIT) has authorized the issuance of commercial papers amounting to ₹1,100 crore in two tranches aimed at refinancing existing debts and fulfilling working capital needs, as revealed in a regulatory filing.

The Debenture Committee of Embassy Office Parks Management Services, the manager of Embassy REIT, gave the green light to the issuance on April 7, 2026. The fundraising will occur in two parts: ₹650 crore with a duration of 347 days and ₹450 crore with a duration of 342 days.


This issuance is a component of the REIT’s previously sanctioned strategy to gather up to ₹10,500 crore through various debt instruments.

The company indicated that the total outstanding commercial paper borrowings, including this issuance, will remain within 10% of its consolidated debt.

Credit rating agencies CRISIL and CARE have assigned the highest short-term ratings of ‘A1+’ to the commercial paper program.

  • Published On Apr 8, 2026 at 08:22 AM IST

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