IFC mulls $126m loan for SG-based Cube Highways's India infra trust
International Finance Corporation (IFC) is weighing a $126-million loan package to Cube Highways Trust (CHT).
Source: dealstreetasia.com
Page 11 - Cube Highways News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Cube Highways. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Cube Highways Today - Breaking & Trending Today
kkr: KKR-backed Highways Infra Frontrunner to win ToT 12 road asset
The projects have strong counter parties - NHAI for four projects and Ministry of Road Transport and Highways (MoRTH) and Madhya Pradesh Road Development Corporation (MPRDC) for one each, said a recent Crisil report. The toll road projects have a long tolling track record between 8 to 14 years, while the annuity projects have a track record of receiving 26 and 20 semi-annual annuities without any material deduction.
Source: indiatimes.com
NHAI to auction 300 km of road assets
The road assets are likely to be valued at Rs 6000-7000 crore and NHAI will be auctioning them under Operation, Maintenance and Transfer (TOT) Model. The road assets include Kota Bypass (NH76) and 81-km long Gwalior-Jhansi (NH75) ; and 60-km long Delhi-Meerut Expressway.
Source: indiatimes.com
Cube Highways Trust secures funding
Cube Highways Trust (Cube InvIT) [BSE/NSE: CUBEINVIT], managed by Cube Highways Fund Advisors Pvt. Ltd., successfully secured Rs 1,030 crore through long-term listed non-convertible debentures (NCDs) from the International Finance Corporation (IFC). The transaction was finalized on June 28,
Source: dailypioneer.com
National Highways Infra Trust to raise Rs 4,500 crore via term loans
National Highways Infra: To acquire five operational road projects worth Rs 9,000 crore
Source: business-standard.com