InterGlobe Aviation Limited has informed the Exchange about Credit Rating- New
INDIGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
InterGlobe Aviation (IndiGo) has been assigned a long-term investment grade credit rating of Baa3 with a stable outlook by Moody's, marking its first-ever credit assessment by the agency. The rating is at par with India's sovereign credit rating, making IndiGo one of the few global airlines and Indian corporates to achieve investment grade status. Moody's cited IndiGo's strong market presence, industry-leading cost structure, sound liquidity, solid financial metrics, and a large pending aircraft order book of over 900 aircraft as key strengths. The company operates 400+ aircraft across 90+ domestic and 40+ international destinations and carried over 118 million customers in FY25.
This is a positive credit milestone that should lower IndiGo's future borrowing costs, expand its access to global capital markets, and boost investor confidence. The investment grade status is likely to be viewed favorably by the market and could support the stock price in the short term.