Cube Highways Trust has informed the Exchange regarding Credit rating Review on 30/04/2026
Awaiting price reaction for this filing.
Cube Highways Trust received its annual credit rating review from three agencies - Crisil Ratings, ICRA, and India Ratings & Research - with all ratings reaffirmed at the highest level. Crisil assigned Crisil AAA/Stable to ₹1,000 crore and ₹600 crore NCDs, Crisil A1+ to ₹1,350 crore commercial paper, and Crisil AAA/Stable to ₹13,850 crore of bank loan facilities. ICRA reaffirmed [ICRA]AAA(Stable) on ₹14,812 crore of debt including term loans, non-fund based facilities, and multiple NCD tranches. India Ratings assigned IND AAA/Stable to the issuer rating, ₹3,430 crore NCDs, ₹8,315 crore bank facilities, ₹825 crore proposed NCDs, and IND A1+ to ₹1,350 crore commercial paper. The total rated debt across all facilities is approximately ₹40,000 crore. All agencies maintained Stable outlook, indicating no change in credit quality.
The reaffirmation of top-tier ratings across multiple agencies validates Cube Highways Trust's strong creditworthiness and ability to service obligations. This is positive for unitholders as it ensures favorable borrowing costs and investor confidence in the InvIT's financial health.