Embassy REIT to enter into Rs 950 cr debt financing deal with its investment entity

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The board of directors of Embassy Office Parks Management Services, manager of Embassy Office Parks REIT (Embassy REIT), at its meeting on March 29, 2022, notably approved a debt financing agreement between Embassy REIT and its management entity. investment, Golflinks Software Park (GLSP) for an aggregate amount of up to Rs 950 crore, under which Embassy REIT is offering to subscribe for unlisted non-convertible debentures issued by GLSP (REIT Debt Financing).

The principal terms of the REIT’s debt financing, which Embassy REIT will undertake on an arm’s length basis.

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