Cube Highways likely to raise Rs 35 billion from SBI for TOT Bundle III

Reportedly, Cube Highways and Infrastructure Pte Limited is likely to raise funds worth about Rs 35 billion from the State Bank of India to fund its purchase of long-term toll collection rights under the TOT model. Thus, Cube Highways, which has been declared the highest bidder for TOT Bundle III, is set to achieve financial closure for the same soon.