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JSW Renewable Energy (Vijayanagar) receives revision in credit ratings

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Capital Market
JSW Energy announced that India Ratings and Research has revised the credit ratings of JSW Renewable Energy (Vijayanagar), a subsidiary of the company:

a. Assigned rating as 'IND A+/ Stable' for the rupee term loan facility
b. Reaffirmed the rating of the letter of credit facilities as 'IND AA(CE)/ Stable' for facilities backed by guarantee from JSW Energy
c. Reaffirmed the rating as 'IND A+/Stable' for unsupported ratings

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First Published: Nov 18 2022 | 6:26 PM IST

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