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Blackstone backed Knowledge Realty Trust raises Rs 500 crore via 91 day commercial paper deal
Business
Published on 13 May 2026
91 day paper sale could turbocharge KRT expansion
Knowledge Realty Trust, backed by Blackstone and India’s largest REIT, has raised Rs 500 crore through a private placement of 91 day commercial papers. The funds will support its expansion plans. The papers are scheduled to mature on August 11, 2026 and will be listed on the BSE’s wholesale debt market, signaling continued financing momentum for commercial real estate.
- KRT raised Rs 500 crore through 91 day commercial papers
- The issuance is a private placement to fund expansion plans
- Maturity is set for August 11, 2026
- Papers will be listed on the BSE wholesale debt market
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times