CRISIL upgrades Global Health long-term rating to AA/Stable from AA-/Positive
MEDANTA · price
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CRISIL upgraded Global Health's (Medanta) long-term rating to AA/Stable from AA-/Positive on total bank loan facilities of Rs 1,500 crore. Short-term rating reaffirmed at A1+. Lenders include SBI, ICICI, HDFC and Yes Bank. The upgrade reflects stronger credit profile, though outlook moved from Positive to Stable.
Positive signal of stronger creditworthiness and lower borrowing cost potential. Stable outlook indicates no near-term further upgrade expected.