Announced Thu, 2 Jul · 16:36 IST
Moody's assigns Investment Grade Baa3 rating to JSW Infrastructure
JSWINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹327.15
prior close
₹328.50
base price
After-mkt
timing
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Up moveDown movePending
AI summary
Moody's assigned JSW Infrastructure an issuer rating of Baa3, the lowest Investment Grade tier, with a Stable Outlook. It also upgraded the company's 400 million US dollar Senior Secured Notes due 2029 from Ba1 to Baa3. This follows the recent Qualified Institutional Placement that improved liquidity. JSW Infrastructure now holds investment grade ratings from all three major global agencies: Fitch, S&P, and Moody's. The company is India's second-largest private commercial port operator.
Likely market impact
Investment grade from three global agencies lowers borrowing costs, signals stronger financial profile, and supports growth plans.