Moody’s investor places Hyderabad airport’s rating on review for possible downgrade

Singapore: Moody’s Investors Service has placed GMR Hyderabad International Airport Ltd’s (HIAL’s) Ba1 corporate family rating on review for possible downgrade.

The outlook has been changed to a rating under review from negative. The rating action reflects the worsening coronavirus outbreak and the increasingly stringent travel restrictions imposed both in India and globally, including ongoing measures introduced by the government.