Mindspace REIT taps IFC for 5.5-billion-rupee sustainable bond issue
MUMBAI, Aug 20 (Reuters) - India's Mindspace Business Parks REIT MINS.NS has raised 5.5 billion rupees ($63.17 million) via a second sustainability-linked bond (SLB), subscribed entirely by International Finance Corp, the real estate investment trust said on Wednesday.
The AAA-rated bond has an eight-year tenure and has been directly placed with the International Finance Corporation (IFC), the company said in a statement.
The bond takes the office-focused REIT’s total SLB issuance to 12 billion rupees. In June 2024, it raised 6.5 billion rupees in its debut SLB issue.
This issue is also the REIT's first under the new environment, social and governance (ESG) framework for debt securities introduced by India's markets regulator in June 2025.
Indian engineering and construction company Larsen & Toubro LART.NS (L&T) also raised 5 billion rupees through the sale of ESG bonds in June.
($1 = 87.0620 Indian rupees)
Related Articles
Oracle Q1 FY2026 Earnings: Can Cloud and AI Drive the Next Stock Rally?
TradingKey - Oracle Corporation (NYSE: ORCL) will report Q1 FY2026 results after the close on Tuesday, September 9, 2025, with the webcasted conference call scheduled for 4:00 PM CT / 5:00 PM ET, making the print a fresh read-through on enterprise cloud
[U.S. IPO] Lambda, Rival to CoreWeave, Prepares for IPO Following $1.5 Billion Nvidia Order
TradingKey - Lambda, a small AI cloud service provider, is reportedly gearing up for an initial public offering (IPO) and has enlisted investment banks such as Morgan Stanley, JPMorgan Chase, and Citibank for assistance. The IPO could launch as early as the first half of 2026.
U.S. August Nonfarm Payroll Preview: Risks Focus on Downward Revision of July Data
TradingKey - On 5 September 2025, the U.S. Department of Labour will release the August Non-Farm Payrolls report. The market widely expects August to see an addition of 75,000 non-farm jobs, roughly in line with July’s 73,000.
Unlocking Gold’s Next Leg: $4,000 in Reach by 2025？
TradingKey - Gold has kicked off a fresh uptrend in early September, breaking out of months of compression and reclaiming key territory. The decisive move above $3,500 establishes a new support base and puts higher objectives back on the table for the weeks ahead
US NFP Nightmares Preview: A Tiny August Revision, a Huge Annual Benchmark Cut And a Fed in Flux
TradingKey - Wall Street expects modest job growth and a rebound in the unemployment rate in August NFP report, a balanced outcome that could support a September rate cut. However, a massive downward revision — a “terrifying scene” — and anomalies on the supply side could plunge the Fed into deeper (1).jpg)
