menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Bain Capit...
source image

Bloomberg Quint

3d

read

215

img
dot

Image Credit: Bloomberg Quint

Bain Capital Sells 1.9% Stake In Embassy Office Parks REIT For Rs 691 Crore

  • Private investment firm Bain Capital divested a 1.9% unitholding in Embassy Office Parks REIT for Rs 691 crore through an open market transaction.
  • Bain Capital's affiliate sold over 1.78 crore units at an average price of Rs 388 apiece.
  • Details of the buyers of Embassy Office Parks REIT units remain undisclosed.
  • Embassy Office Parks REIT raised Rs 1,550 crore through debentures and term loans to refinance debt and reduce interest costs.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app