BSECube Highways TrustMediumNeutral
Announced Wed, 15 Jul · 15:04 IST
ICRA reaffirms AAA rating with Stable outlook on about Rs 14,812 crore debt
Credit & Debt View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
ICRA reaffirmed AAA (Stable) rating on Cube Highways Trust instruments - term loans of Rs 10,450 crore, non-fund based limits of Rs 500 crore, and non-convertible debentures totalling Rs 3,862 crore. Total rated facilities about Rs 14,812 crore. AAA is the highest investment-grade rating, indicating the strongest capacity to meet financial commitments on time.
Likely market impact
Highest AAA rating reaffirmed, signalling strong financial health and very low default risk for debt holders; neutral for unit price.