BSENexus Select TrustMediumNeutral
Announced Tue, 12 May · 19:48 IST
Nexus Select Trust has informed the Exchange regarding Credit rating obtained on 12/05/2026
Credit & Debt View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
India Ratings and Research Private Limited has withdrawn the credit rating of IND A1+ for the Commercial Papers issued by Nexus Select Trust. The withdrawal was requested by the company itself after it repaid the commercial paper obligations in full. All commercial paper issuance under the rated facility has been fully settled with nil outstanding. This is a routine debt repayment and rating withdrawal notice filed with BSE and NSE on May 12, 2026.
Likely market impact
No adverse signal — the company proactively repaid its short-term debt ahead of maturity, eliminating outstanding obligations. This is credit-positive as it reflects healthy liquidity and reduces near-term refinancing risk for the trust.