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Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDs

Cube Highways Trust ("Cube InvIT") [NSE/BSE: CUBEINVIT/543899], managed by Cube Highways Fund Advisors Pvt. Ltd. (the "Investment Manager"), has successfully raised Rs.1,150 crore through the issuance of senior, secured, listed, rated, redeemable, non-convertible debentures (NCDs) carrying a face value of Rs.1 lakh each and a coupon of 7.50% per annum, payable quarterly, with a tenor of five years.The Investment Manager undertook the issuance through the NSE Electronic Bidding Platform, and the…

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Economic TimesLean R·1h ago
Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDs
Cube Highways Trust ("Cube InvIT") [NSE/BSE: CUBEINVIT/543899], managed by Cube Highways Fund Advisors Pvt. Ltd. (the "Investment Manager"), has successfully raised Rs.1,150 crore through the issuance of senior, secured, listed, rated, redeemable, non-convertible debentures (NCDs) carrying a face value of Rs.1 lakh each and a coupon of 7.50% per annum, payable quarterly, with a tenor of five years.The Investment Manager undertook the issuance through the NSE Electronic Bidding Platform, and the…
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Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDs

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