Description

BSE announces listing of two new debt securities issued by Cube Highways Trust on private placement basis with AAA credit ratings.

Summary

BSE has listed two new debt securities issued by Cube Highways Trust on private placement basis, effective August 21, 2025. Both securities carry AAA credit ratings from ICRA and IND rating agencies and will trade in dematerialized form only.

Key Points

  • Two new debt securities listed: CHT-6.93%-20-2-29-INVIT (₹42 crore) and CHT-7.3015%-20-8-35-INVIT (₹40 crore)
  • Both securities have face value and issue price of ₹1,00,000 per unit
  • Credit ratings: ICRA AAA/STABLE and IND AAA/Stable
  • Securities allotted on August 20, 2025
  • Quarterly interest payment schedule
  • Trading only in dematerialized form with 1 paise tick size

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities to be traded under specified ISIN numbers: INE0NR607074 and INE0NR607082
  • Refer to Placement Memorandum for detailed terms

Important Dates

  • Date of Allotment: August 20, 2025
  • Listing Date: August 21, 2025
  • Interest Payment Start: September 30, 2025 (quarterly thereafter)
  • Redemption Dates: February 20, 2029 and August 20, 2035 respectively

Impact Assessment

Minimal market impact as this is a routine debt security listing for an Infrastructure Investment Trust (InvIT). The AAA ratings indicate high credit quality, providing institutional investors with additional debt investment options in infrastructure sector.

Impact Justification

Routine debt security listing with no market-wide implications