Cyril Amarchand Mangaldas advised in relation to the initial offer and listing of ordinary units, of the Cube Highways Trust (Cube Trust, acting through its Investment Manager, Cube Highways Fund Advisors Private Limited), a privately placed infrastructure investment trust (InvIT), aggregating to INR 52,258.27 million. The Firm also advised on the formation transactions of the Cube Trust, being, the transfer of 18 special purpose vehicles to the Cube Trust. Pursuant to such formation transactions, the Cube Trust issued Ordinary Units and Subordinate Units to its Sponsors, Cube Highways and Infrastructure Pte. Ltd. (“CH-I”) and Cube Highways and Infrastructure III Pte. Ltd. (“CH-III”).
