Embassy REIT Greenlights ₹1,100 Crore Commercial Paper Plan
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…