Moody’s assigns Ba2 rating to India Toll Roads’ USD secured notes
NEW DELHI: Moody’s Investors Service on Wednesday assigned ‘Ba2′ rating to India Toll Roads’ USD secured notes.
India Toll Roads (ITR) is held by a trust.
“Moody’s Investors Service has assigned a definitive Ba2 rating to the 3.5-year USD300 million senior secured notes issued by ITR,” Moody’s said in a statement.
The outlook for the rating is stable, it said.
