Rating15 Jul 2026, 02:58 pm
Cube Highways Trust Affirms AAA Rating on ₹10,950 Cr Facilities
AI Summary
Cube Highways Trust has announced the reaffirmation of its credit ratings by ICRA Limited. The trust's long-term fund-based term loan facilities totaling ₹10,450 crore and non-fund based facilities of ₹500 crore have been reaffirmed at '[ICRA]AAA (Stable)'. Additionally, its Non-Convertible Debentures amounting to ₹4,062 crore have also received reaffirmed '[ICRA]AAA (Stable)' ratings. The issuer rating for Cube Highways Trust has been assigned as '[ICRA]AAA (Stable)'. These ratings indicate the highest level of creditworthiness and stability for the trust's debt instruments.
Key Highlights
- ICRA reaffirms '[ICRA]AAA (Stable)' rating for ₹10,450 Cr term loans.
- Non-fund based facilities of ₹500 Cr also reaffirmed at '[ICRA]AAA (Stable)'.
- Non-Convertible Debentures totaling ₹4,062 Cr retain '[ICRA]AAA (Stable)' rating.
- Issuer rating assigned as '[ICRA]AAA (Stable)'.
- Ratings reflect highest creditworthiness and stable outlook.
Price Impact
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