Embassy REIT raises Rs 1,000 crore via debentures to refinance debt

Embassy Office Parks REIT has raised Rs 1,000 crore via non-convertible debentures, with the issuance fully subscribed by a European bank. The funds will be used to refinance existing debts and improve the company's financial standing.

The transaction reflects growing international confidence in India's REIT market and underscores regulatory support from SEBI and RBI for the sector's development.