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 Join a…