Cube Highways InvIT raises $630 million from BCI, Mubadala & others
Of the total proceeds, Rs 3,474 crore is primary fundraise which will be used to repay or prepay debt of the road projects housed under the InvIT. The fundraise includes a secondary sale of units amounting to Rs1,423 crore by existing shareholders, while the rest of the proceeds will go towards issue-related expenses, filings with Sebi show.
