CARE Ratings Reaffirms Credit Status of Embassy Office Parks REIT: Issuer and Debt Instruments Rated AAA/A1+
CARE Ratings Limited has reaffirmed the credit ratings for Embassy Office Parks REIT, covering its corporate credit rating, Non-Convertible Debentures (NCDs), and Commercial Papers (CPs). The ratings reflect the operational and financial performance of the Trust as reviewed by the Rating Committee.The Issuer rating for Embassy Office Parks REIT has been affirmed as CARE AAA/Stable. This status is an opinion on the general creditworthiness of the Trust and not specific to any particular debt instrument.
Non-Convertible Debentures (NCDs) Rated by CARE Ratings
CARE Ratings Limited also reviewed nine different tranches of Non-Convertible Debentures (NCDs), assigning a rating of CARE AAA/Stable to several instruments, while others received the CARE A1+ rating. All these ratings were reaffirmed on July 01, 2026.The key details of the NCD issuances are summarized in the table below:
| Rating | Credit Rating Assigned | Outlook | Date of Credit Rating |
|---|---|---|---|
| For Corporate Credit | CARE AAA | Stable | July 01, 2026 |
| For NCDs (Specific Instruments) | CARE AAA/A1+ | Stable/- | July 01, 2026 |
The rating details for the specific debenture instruments include:
| Instrument Type | Rated Amount (₹ Crore) | Rating Assigned |
|---|---|---|
| NCD | 500.00 | CARE AAA; Stable |
| NCD | 1,200.00 | CARE AAA; Stable |
| NCD | 1,500.00 | CARE AAA; Stable |
| NCD | 800.00 | CARE AAA; Stable |
| NCD | 500.00 | CARE AAA; Stable |
| NCD | 250.00 | CARE AAA; Stable |
| NCD | 250.00 | CARE AAA; Stable |
Commercial Paper (CP) Rating
For the issuance of Commercial Papers, aggregating ₹2,000.00 crore, CARE Ratings Limited has reaffirmed the rating at CARE A1+/Reaffirmed. The CP issue is limited to a maturity not exceeding one year.EMBASSY Stock Price Movement
Shares of Embassy Office Parks REIT today slipped by 0.13% to settle at ₹446.90, shedding ₹0.60 from the previous close. The equity saw a total traded volume of 411,229 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.