Paisalo Digital Limited has informed the Exchange about Credit Rating- New
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Paisalo Digital has received a new credit rating from Brickwork Ratings (BWR) for its proposed Commercial Paper issue of Rs. 540 crore, assigned the highest short-term rating of BWR A1+. BWR also reaffirmed its earlier BWR AA/Stable rating for the company's proposed Non-Convertible Debenture (NCD) issue of Rs. 1,500 crore with a tenure of up to 5 years, which was initially rated on March 13, 2026. Combined, BWR has now rated facilities worth Rs. 2,040 crore for the company. This new BWR rating comes in addition to the existing Commercial Paper rating already provided by Infomerics Analytics, giving the company a second rating agency for its short-term borrowing programme. The current outstanding Commercial Paper liability of Paisalo stands at Rs. 70 crore, and the company is also planning a fresh CP issue of up to Rs. 500 crore beyond the rated amount.
Receiving the top-tier short-term rating (A1+) and a strong AA/Stable long-term rating from a second agency improves Paisalo's borrowing credibility, supports easier access to debt markets, and may help lower funding costs for its short-term and long-term borrowing plans.