PAISALONSEPaisalo Digital LimitedMediumNeutral
Announced Thu, 7 Aug · 09:50 IST

Paisalo Digital Limited has informed the Exchange about Credit Rating

Debt PrepaidNew Credit FacilityCredit & Debt View source PDF

PAISALO · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Infomerics Valuation and Rating has reaffirmed Paisalo Digital's credit ratings across all debt instruments. Long-term bank facilities retained IVR AA/Stable rating with total rated amount rising from Rs 2,355 crore to Rs 3,600 crore (existing plus proposed). Non-convertible debentures (NCDs) of Rs 532 crore and commercial paper facilities of Rs 540 crore were also reaffirmed at IVR AA/Stable and IVR A1+ respectively. A small NCD of Rs 18 crore (ISIN-INE420C07072) had its rating withdrawn after being fully redeemed by the company. The total rated exposure stands at Rs 4,662 crore, valid until August 1, 2026.

Likely market impact

Reaffirmation at investment-grade ratings (AA/Stable for long-term, A1+ for short-term) signals steady credit quality and continued lender confidence. The expanded rated limits suggest growing borrowing capacity, supporting business growth, while the NCD redemption reflects timely debt servicing.