Announced Tue, 14 Jul · 18:15 IST
Waa Solar bank loan rating affirmed at BBB+/Stable, removed from watch
Credit & Debt View source PDF
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
-5.5%1-day move
₹49.20
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.5+0.3-3.9-2.4-5.1-12.7————
Up moveDown movePending
AI summary
India Ratings has affirmed Waa Solar's bank loan facility rating at IND BBB+/Stable (long-term) and IND A2+ (short-term). Total rated facility is about Rs 212.38 crore, covering two SBI term loans of Rs 184 crore and Rs 26 crore, plus a Rs 2.38 crore bank guarantee. The rating was previously on Watch with Developing Implications and has now been resolved at the same level.
Likely market impact
Mildly positive - prior rating uncertainty resolved. Investment grade BBB+ rating maintained, no expected change in borrowing cost.