Cube InvIT raises ₹820 cr funds
21 August 2025
Cube InvIT raises the funds via non-convertible debentures across two tenors.
The funds raised will be used primarily to repay existing debt. Following the issue, fixed rate borrowings will form 33.4% of Cube InvIT’s obligations.
Strong rating
The bonds received a rating of AAA/Stable from ICRA and India Ratings. The issue will be listed on the wholesale debt market of BSE.
Trilegal and Cyril Amarchand Mangaldas were legal advisors, while Catalyst Trusteeship acted as debenture trustee. Cube InvIT is backed by investors including ADIA, British Columbia Investment Management, and Mubadala.
Source: https://www.constructionweekonline.in/business/cube-invit-raises-820-cr-funds