VERIFIEDET Stocks·3 Oct 2026positive

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

AI Summary

·Cube Highways Trust raised Rs. 1,150 crore through the issuance of senior secured NCDs.
·The NCDs have a coupon rate of 7.50% per annum, payable quarterly for five years.
·Proceeds will be used for debt refinancing and capital projects as part of a Rs. 4,500 crore financing initiative.