Mindspace Business Parks REIT Credit Rating
ICRA reaffirmed Mindspace REIT's 'AAA/Stable' issuer rating. It also assigned 'AAA/Stable' to INR 510 Crore proposed NCDs and reaffirmed ratings for INR 11,490 Crore debt.
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- ₹12,000 Cr
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ICRA reaffirmed Mindspace REIT's 'AAA/Stable' issuer rating. It also assigned 'AAA/Stable' to INR 510 Crore proposed NCDs and reaffirmed ratings for INR 11,490 Crore debt.
CRISIL reaffirmed Mindspace REIT's 'CRISIL AAA/Stable' corporate and NCD ratings. It also assigned a new 'CRISIL AAA/Stable' rating to a Rs.500 Crore NCD issue.
CRISIL and ICRA reaffirmed Mindspace REIT's AAA/Stable issuer and debt ratings. This confirms the REIT's highest credit quality and stable outlook.
Mindspace Business Parks REIT received credit rating reaffirmations from ICRA Limited. The REIT's Issuer Rating and ₹9,040 Crore Non-Convertible Debentures maintained an [ICRA]AAA (Stable) rating, while its ₹2,500 Crore Commercial Paper program was reaffirmed at [ICRA]A1+. These top-tier ratings reflect the entity's strong creditworthiness and stable financial outlook.
Mindspace Business Parks REIT received credit rating reaffirmations from CRISIL, maintaining 'CRISIL AAA/Stable' for Rs. 6,040 Crore in NCDs and 'CRISIL A1+' for Rs. 2,500 Crore in Commercial Paper. A new 'CRISIL AAA/Stable' rating was assigned to a Rs. 100 Crore NCD issue, reflecting the REIT's strong financial profile.