India's sovereign rating downgrade has created six "fallen angels", or companies in the non-financial sector whose ratings have dipped to just one notch away from being considered junk, global ratings agency Moody's Investors Service said on Tuesday.
Companies that move from investment grade category to sub-investment grade are sometimes referred as "Fallen Angels".
All these six companies are state-run enterprises in the oil and gas sector, and have $1 billion of rated bonds coming up for repayment till 2021, the agency said.
These six include Indian

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