“The negative outlook reflects increasing risks that economic growth will remain significantly lower than in the past,” it said in research as part of its regular update. Hong Kong: Moody’s Investors Service said on Friday that an upgrade of its India’s rating at Baa2 negative is unlikely in the near term due to economic shock […]
Moody’s upgrades Azure Power Energy to Ba2 and Azure Power Solar to Ba1
Singapore: Moody’s Investors Service has upgraded to Ba2 from Ba3 the senior unsecured ratings assigned to the USD notes issued by Azure Power Energy Ltd. At the same time, Moody’s has upgraded to Ba1 from Ba2 the ratings of senior unsecured USD notes issued by Azure Power Solar Energy Private Limited (Azure Power Solar) and […]
Moody’s cuts outlook on SBI, HDFC Bank, Infosys, many other Indian firms
The rating outlooks for Bank of India, Canara Bank, Syndicate Bank and Union Bank of India are maintained at stable. Moody’s Investors Service on Friday took rating action on 11 Indian financial institutions (FIs), eight non-financial corporates and eight sovereign-linked Indian infrastructure companies, a day after it changed the outlook on India’s Baa2 sovereign rating […]
Moody’s Assigns Investment Grade Credit Rating to Peninsula Clean Energy
Baa2 Rating Indicates Stable Outlook REDWOOD CITY, Calif.: Moody’s Investors Service assigned a first-time Baa2 Issuer Rating to Peninsula Clean Energy (PCE). Moody’s Issuer Rating is an independent assessment of PCE’s financial strength over the long term, and PCE’s outlook is stable. PCE is the second Community Choice Aggregation (CCA) program to obtain an investment-grade […]
