BSEMaple Infrastructure TrustMediumNeutral
Announced Thu, 26 Feb · 13:21 IST

Maple Infrastructure Trust has informed the Exchange regarding Credit rating obtained on 25/02/2026

New Credit FacilityCredit & Debt View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Maple Infrastructure Trust received a credit rating update from ICRA Limited dated February 25, 2026. ICRA assigned an issuer credit rating of '[ICRA] AAA (Stable)', the highest investment-grade rating, to the Trust. It also reaffirmed AAA (Stable) on an overdraft facility of Rs 40 crores, a bank guarantee of Rs 260 crores, and interchangeable limits of Rs 1 crore. Additionally, the long-term term loan rating of AAA (Stable) was reaffirmed and assigned for an enhanced amount, increased from Rs 1,000 crores to Rs 3,750 crores, bringing total rated debt facilities to Rs 4,050 crores. Lenders include National Bank for Financing Infrastructure and Development (Rs 3,000 cr term loan), Axis Bank (Rs 750 cr term loan plus other facilities), and IndusInd Bank (guarantees and overdraft).

Likely market impact

The highest AAA (Stable) rating signals strong creditworthiness and low default risk, which is positive for unitholders. The significant term loan enhancement from Rs 1,000 crores to Rs 3,750 crores reflects strong banker confidence and expands the Trust's borrowing capacity to fund future infrastructure projects or refinance existing debt.