Listed commercial papers by REITs permitted subject to commercial paper guidelines, listing conditions and overall debt limits. REITs meeting the prescribed net worth threshold may issue listed commercial papers provided they comply with the Commercial Paper Guidelines of the central banking authority, the listing conditions under the non-convertible securities listing regulations, and remain within the overall debt limit prescribed by the REIT regulatory framework.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Listed commercial papers by REITs permitted subject to commercial paper guidelines, listing conditions and overall debt limits.
REITs meeting the prescribed net worth threshold may issue listed commercial papers provided they comply with the Commercial Paper Guidelines of the central banking authority, the listing conditions under the non-convertible securities listing regulations, and remain within the overall debt limit prescribed by the REIT regulatory framework.
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