Embassy REIT's Credit Ratings Reaffirmed by CARE

Embassy Office Parks REIT (Embassy REIT) has announced the reaffirmation of its credit ratings by CARE Ratings Limited. The REIT's non-convertible debentures (NCDs) and corporate credit rating have been assigned a 'CARE AAA/ Stable' outlook. Additionally, its commercial papers received a 'CARE A1+' rating. These ratings are valid until July 1, 2026. The reaffirmation is based on the trust's operational and financial performance for FY26. The filing includes details of various NCD issuances, with amounts ranging from ₹250 crore to ₹1,500 crore, all carrying the 'CARE AAA; Stable' rating.