BSEIndus Infra TrustMediumNeutral
Announced Thu, 24 Apr · 18:51 IST

Indus Infra Trust has informed the Exchange regarding Disclosure of material issue

Credit & Debt View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indus Infra Trust (formerly Bharat Highways InvIT) has disclosed its current credit rating from Crisil Ratings under SEBI InvIT regulations. Crisil has reaffirmed a CRISIL AAA/Stable (Triple A; Outlook: Stable) rating on the Trust's long-term bank facilities totalling Rs. 3,000 crore. This includes an existing facility of Rs. 1,149.67 crore from Axis Bank, a Rs. 800 crore term loan from Punjab National Bank, and a proposed long-term bank loan facility of Rs. 1,050.33 crore. AAA/Stable is the highest investment-grade rating, indicating the strongest capacity to meet financial obligations on time.

Likely market impact

Positive for unit holders — the reaffirmed AAA/Stable rating reflects the highest credit quality and low default risk, which supports the Trust's ability to raise debt at competitive rates and underpins investor confidence in cash flow stability.