> CREDIT RATING
Last Updated on : 24/04/2019
CREDIT RATING
Credit Rating
Summary of Bonds / Bank Loans Rated by Rating Agencies

 

Rating Agency

Instrument/Purpose/Issue

Rating

Date of issue/surveillance of rating

 

 

ICRA Limited

Tax-free bonds (₹ 20000 million) Fiscal 2015-16

ICRA AA+ (Stable) Reaffirmed

October 24, 2018

Taxable Green bonds (₹ 7000 million) Fiscal 2016-17

ICRA AA+ (Stable) Reaffirmed

October 24, 2018

GOI Fully Serviced Bonds (₹ 16400 million) Fiscal 2016-17

ICRA AAA (Stable) Reaffirmed

October 24, 2018

 

India Ratings & Research Private Limited

Tax-free bonds (₹ 20000 million) Fiscal 2015-16

IND AAA (Stable) Upgraded

September 19, 2018

Taxable Green bonds (₹ 7000 million) Fiscal 2016-17

IND AAA (Stable) Upgraded

September 19, 2018

Taxable Bonds (₹ 8650 million) Fiscal 2018-19

IND AAA (Stable) Assigned

September 19, 2018

Taxable Tier-II Sub Debt (₹ 1500 million) Fiscal 2018-19

IND AAA (Stable) Assigned

February 4, 2019

GOI Fully Serviced Bonds (₹ 16400 million) Fiscal 2016-17

IND AAA (Stable) Assigned

September 19, 2018

CARE Ratings Limited

Taxable Bonds Series I, II, III, IV & V

CARE AAA (SO), Stable

October 5, 2018

Tax Free Bonds Series-XIII

CARE AAA (SO), Stable

October 5, 2018

Taxable Green bonds Sr. VIIA & VIIB (₹7000 million) Fiscal 2016-17

CARE AA+

October 5, 2018

GOI Fully Serviced Bonds (₹ 16400 million) Fiscal 2016-17

CARE AAA, Stable

October 5, 2018

Brickwork Ratings

Brickwork Ratings

Long Term Taxable Bonds Series II, III, IV & V

BWR AAA (SO), Stable Reaffirmed

September 27, 2018

Tax Free Bonds Series-XIII

BWR AAA (SO), Stable Reaffirmed

September 27, 2018

Taxable Bonds (₹ 8650 million) Fiscal 2019

BWR AAA, Assigned

September 27, 2018

 

Taxable Tier-II Sub Debt (₹ 1500 million) Fiscal 2018-19

BWR AAA, Assigned

January 31, 2019

 

a) Bank loans

Rating agency

Rating

Term loans

Issue date

Brickworks Rating

BWR AAA   

Pronounced BWR    Triple A)

Outlook: Stable            

  • HDFC Term loan - Rs. 200 crore

 

  • SBI Term Loan – Rs. 1000 crore

29-03-2019

 

 

C) Masala Bonds

 

Rating Agencies      

Long Term Issuer rating 

Instrument  

Amount Raised       

Surveillance date

Moody’s Rating               

Baa3, negative                                                  

Masala Bond                  

   

USD 300 Million                

18-01-2019

 

Fitch Rating                        

BB+, stable                                                           

Masala Bond                  

   

USD 300 Million                

14-12-2018

 



Top