Blackstone-backed Knowledge Realty Trust raises Rs 500 cr through issue of commercial papers

Blackstone-backed Knowledge Realty Trust raises Rs 500 cr through issue of commercial papers

Knowledge Realty Trust (KRT), India’s largest REIT, has successfully raised Rs 500 crore through commercial paper issuance. This private placement will fund KRT’s expansion plans. The 91-day commercial papers, set to mature on August 11, 2026, will be listed on the BSE’s wholesale debt market.

Source: The Economic Times
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