Embassy Office Parks to raise Rs 3,650 crore via debentures
Updated : April 24, 2019 07:30 AM IST
Embassy office Parks , which recently raised Rs 4,750 crore through India's first Real Estate Investment Trust (REIT), on Tuesday said it will raise Rs 3,650 crore in two tranches through issue of debentures.
Embassy Office Parks, a joint venture between Blackstone and realty firm Embassy group, is a leading developer of commercial real estate.
The first tranche would be worth Rs 3,000 crore and the second of Rs 650 crore, it added.