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DLF Emporio, a subsidiary of DLF has raised Rs 525 crore from issuance of Commercial Mortgage Backed Security (CMBS). The funds were raised at a coupon rate of 10.90 per cent per annum and carry a legal maturity of 7.5 years, said DLF in a press statement.
DLF Emporio owns and operates approximately three lakh square feet of a luxury mall in New Delhi.
Trust Investment Advisors Pvt. Ltd was the sole arranger for the issue.
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