The rating upgrade is driven by an improvement in the liquidity position of the company. Acuité has upgraded and placed its short-term rating of ‘ACUITE A2+’ from ‘ACUITE A2 on the Rs200cr Commercial Paper Programme of Sterling & Wilson Solar Limited (SWSL) on ‘Rating watch with developing implications’. According to the rationale report, the rating […]
Acuite Downgrades Sterling & Wilson Solar’s Short Term Rating Due to Ongoing Challenges in Maintaining Liquidity Buffers
Acuite said that the downward revision in the rating is driven by the ongoing challenges faced by SWSL in maintaining adequate liquidity buffers. Acuité has downgraded its short-term rating to ‘ACUITE A2’ from ‘AUITE A1+ on the Rs200cr Commercial Paper Programme of Sterling and Wilson Solar Limited (SWSL). In its rationale rating, Acuite said that […]
