Below are the ratings awarded by India Ratings and Research Private Ltd (India Ratings), formerly known as Fitch Ratings India for local debt instruments as of March 16, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ------ --------- SHORT TERM RATINGS: ------------------- Avi Global Plast Pvt Ltd Non-FB WC limits IND A3+ 180 […]
India Ratings for Indian debt instruments – Oct 11
Below are the ratings awarded by India Ratings and Research Private Ltd (India Ratings), formerly known as Fitch Ratings India for local debt instruments as of October 10, 2019. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ------ --------- SHORT TERM RATINGS: ------------------- Sgd Pharma India Ltd Non-FB limits IND A3+ 119 Affirmed Sterling […]
Power purchase agreements with SECI, NTPC vulnerable to risks: India Ratings
SECI and NTPC have assumed direct obligations for tariff payment under recent power purchase agreements This emphasis on only assuming payment obligations was absent in earlier PPAs and is a more recent trend Mumbai: Lenders to renewable energy companies have long believed that their borrowers’ finances are intact as long as these companies have power […]
India Ratings for Indian debt instruments – Jun 6
Below are the ratings awarded by India Ratings and Research Private Ltd (India Ratings), formerly known as Fitch Ratings India for local debt instruments as of June 4 and June 5, 2019. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ------ --------- SHORT TERM RATINGS: ------------------- Eastman Exports Global Clothing Non-FB WC limits IND […]
India Ratings Assigns Parampujya Solar Energy’s Proposed Term Loan ‘Provisional IND AA (SO)’/Stable
India Ratings and Research (Ind-Ra) has rated Parampujya Solar Energy Private Limited’s (PSEPL) proposed senior rupee term loan as follows: Instrument Type Date of Issuance Coupon Rate (%) Maturity Date Size of Issue (million) Rating/Outlook Rating Action Proposed senior rupee term loan* – – – INR5,170 Provisional IND AA(SO)/Stable Assigned * The final rating is contingent […]