Cube Highways InvIT Raises ₹820 Crore Through Bond Issue

Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd, has successfully raised 820 crore rupees by selling bonds.

These bonds are like loans that investors give to the company.

There are two types of bonds: one that matures in 3.5 years and another in 10 years.

Investors who buy these bonds will receive interest payments.

The money raised from selling these bonds will be used to pay back other loans that Cube Highways Trust has.

This is a move to manage their existing debts.

Credit rating agencies have given these bonds a high rating, indicating they are considered a safe investment.