Transcription of Press Release Indian Renewable Energy Development …
{{id}} {{{paragraph}}}
Example: air traffic controller
Press Release Indian Renewable Energy Development …
1 CARE Ratings limited Press Release Indian Renewable Energy Development agency limited January 03, 2018 Ratings Facilities Amount (Rs. crore) Rating1 Rating Action (i) Long term bonds (various outstanding) 2, (Rupees Two thousand two hundred seven crore and sixty five lakh only) CARE AAA(SO); Stable* [Triple A (Structured Obligation); Outlook: Stable] Reaffirmed (ii) Long-term Bonds: GoI Fully serviced Bonds* 4,000 (Rupees Four Thousand Crore only) CAREAAA; Stable [Triple A; Outlook: Stable] Reaffirmed (iii) Long term bonds (IREDA Green Bonds) 2,000 (Rupees two thousand crore only) CARE AA+; Positive (Double A Plus; Outlook: Positive) Revised from CARE AA+; Stable (Double A Plus; Outlook: Stable) (iv) Long term bonds (Proposed) 3265 (Rupees Three Thousand Two Hundred Sixty Five Crore Only) CARE AA+; Positive (Double A Plus; Outlook: Positive) Assigned Details of instruments/facilities in Annexure-1 Detailed Rationale& Key Rating Drivers The rating assigned to the instruments ( I in above table) primarily takes into account the credit enhancement of the bonds in the form of Letter of Comfort from Ministry of New and Renewable Energy (MNRE), Government of India (GoI) which states that MNRE will ensure that IREDA meets its repayment obligation on the above-mentioned bonds in a
1 CARE Ratings Limited Press Release Indian Renewable Energy Development Agency Limited January 03, 2018 Ratings S.No. Facilities Amount (Rs. crore) Rating1 Rating Action (i) Long term bonds
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: