Loading…
IREDA

Credit Rating

Investor Information

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  AAA (Stable) March 6, 2023
Taxable Green bonds (₹ 7000 million) Fiscal 2016-17 ICRA  AAA (Stable) March 6, 2023
GOI Fully Serviced Bonds (₹ 16400 million) Fiscal 2016-17 ICRA  AAA (Stable) March 6, 2023
India Ratings Research Private Limited Tax-free bonds (₹ 20000 million) Fiscal 2015-16 IND AA+ (Positive) Affirmed July 8, 2022
Taxable Green bonds (₹ 7000 million) Fiscal 2016-17 IND AA+ (Positive) Affirmed July 8, 2022
Taxable Bonds (₹ 8650 million) Fiscal 2018-19 IND AA+ (Positive) Affirmed July 8, 2022
Taxable Tier-II Sub Debt (₹ 1500 million) Fiscal 2018-19 IND AA+ (Positive) Affirmed July 8, 2022
GOI Fully Serviced Bonds (₹ 16400 million) Fiscal 2016-17 IND AAA (Positive) Affirmed July 8, 2022
Taxable Bonds (Rs. 18030 Million Fiscal 19-20 Series IX-A & IX-B IND AA+ (Positive) Affirmed July 8, 2022
Taxable Tier-II Sub Debt (Rs. 5,000 million) Fiscal 20-21 Series X IND AA+ (Stable) Affirmed July 8, 2022
CARE Edge Ratings Limited Taxable Bonds Series III-B & V CARE AA+ , Positive December 31, 2022
Tax Free Bonds Series-XIII CARE AA+ , Positive December 31, 2022
Taxable Green bonds Sr. VIA & VIB (₹7000 million) Fiscal 2016-17 CARE AA+ , Positive December 31, 2022
GOI Fully Serviced Bonds (₹ 16400 million) Fiscal 2016-17 CARE AAA, Stable December 31, 2022
Brickwork Ratings  Long Term Taxable Bonds Series III-B & V BWR AAA (CE), Stable Reaffirmed June 29, 2022
Tax Free Bonds Series-XIII BWR AAA , Stable Reaffirmed June 29, 2022
Taxable Bonds (₹ 8650 million) Fiscal 2019 BWR AAA  , Stable Reaffirmed June 29, 2022
Taxable Tier-II Sub Debt (₹ 1500 million) Fiscal 2018-19 BWR AAA , Negative Reaffirmed June 29, 2022
Taxable Bond (Rs. 18030 million) Fiscal 19-20 Series IX-A & IX-B BWR AAA , Negative Reaffirmed June 29, 2022
Taxable Tier-II Sub Debt (Rs. 5000 million ) Fiscal 20-21 Series X BWR AAA , Negative Reaffirmed June 29, 2022

A) Bank loans

Rating agency Rating Term loans Issue date

Brickworks Rating

BWR AAA

Stable 

 Term loan rated total of Rs.107000 million. Details of the allocation;

Loans/credit  facilities availed include:
  • PNB Bank: Term Loan Rs. 27, 000 million
  • SBI Term Loan: Rs. 34500  million.
  • SMBC : Rs. 3,500 million.
  • RBL : Rs. 3,000 million.
  • Yes Bank: Rs. 5,000 million
  • Bank of Baroda : Rs. 5,000 million
  • Bank of India : Rs. 29,000 milillon
 June 29, 2022
Rating agency Rating Term loans Issue date

Acuite Rating and Research

ACUITE AAA

Stable 

 Term loan rated total of Rs. 259200 million. Details of the allocation;

Loans/credit  facilities availed include:
  • PNB Bank: Term Loan Rs. 21,000 million
  • SBI Term Loan: Rs. 60,000  million.
  • SMBC : Rs. 3,500 million.
  • RBL : Rs. 3,000 million.
  • Yes Bank: Rs. 7,000 million
  • Bank of Baroda : Rs. 5,000 million
  • Bank of India : Rs. 38900 million
  • Karnataka Bank Rs 5000 million
  • Central Bank of India Rs 20,000 million
HDFC Bank Rs 5000 million		 March 2, 2023
 
Last Updated on 06/03/2023
img
img
img
img
img
img