BSECube Highways TrustMediumNeutral
Announced Fri, 6 Mar · 19:59 IST

Cube Highways Trust has informed the Exchange regarding Credit rating Review on 05/03/2026

Credit & Debt View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Cube Highways Trust has informed exchanges about a credit rating review completed by Crisil Ratings on March 5, 2026. Crisil has reaffirmed the highest possible ratings on the trust's total bank loan facilities of Rs. 13,850 crores. The long-term rating stands at CRISIL AAA/Stable, and the short-term rating is CRISIL A1+. Major lenders include State Bank of India (Rs. 7,542 crores), NaBFID (Rs. 2,206 crores), HDFC Bank (Rs. 1,171 crores), and Axis Bank (Rs. 921 crores) in rupee term loans, along with bank guarantees from IndusInd Bank and Axis Bank.

Likely market impact

This is a routine rating review with no change — AAA/Stable is the top tier rating, reflecting the highest level of creditworthiness and low default risk. Existing unit holders can take comfort in the trust's strong credit profile, though the rating action is neutral rather than a new positive trigger for the unit price.