Mindspace REIT Secures ₹550 Crore from IFC


NEW DELHI: Mindspace Business Parks REIT (Mindspace REIT) has secured an additional ₹550 crore through sustainability-linked bonds (SLBs) from the International Finance Corporation (IFC), the private sector arm of the World Bank Group.

This recent issuance follows the initial ₹650 crore SLB issued in June 2024, bringing the total to ₹1,200 crore.

Shardul Amarchand Mangaldas & Co acted as legal counsel for this transaction, while Bureau Veritas Industrial Services (India) provided the second-party opinion (SPO).

The SLB is linked directly to measurable ESG performance targets, promoting accountability and impact.

  • Published On Aug 20, 2025 at 05:30 PM IST


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