{"id":552648,"date":"2023-02-04T11:00:10","date_gmt":"2023-02-04T05:30:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552648"},"modified":"2023-02-04T11:00:10","modified_gmt":"2023-02-04T05:30:10","slug":"fitch-says-no-immediate-impact-on-adani-ratings-after-hindenburg-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fitch-says-no-immediate-impact-on-adani-ratings-after-hindenburg-report\/","title":{"rendered":"Fitch says no immediate impact on Adani ratings after Hindenburg report"},"content":{"rendered":"<p>Ratings agency Fitch said on Friday it saw no immediate impact on its ratings of Adani Group entities and their securities, following U.S. short-seller Hindenburg Research\u2019s report last week.<\/p>\n<p>Hindenburg\u2018s scathing attack on the conglomerate questioned the firm\u2019s debt levels and use of tax havens, but the Group has called the report baseless and affirmed its financials are strong. \u201cOur ongoing monitoring will be looking closely at any major changes to the rated entities\u2019 access to financing or cost of financing on a long-term basis, unfavourable regulatory\/legal developments or ESG-related matters that could affect credit profiles,\u201d the ratings agency said in a report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ratings agency Fitch said on Friday it saw no immediate impact on its ratings of Adani Group entities and their securities, following U.S. short-seller Hindenburg Research\u2019s report last week. Hindenburg\u2018s scathing attack on the conglomerate questioned the firm\u2019s debt levels and use of tax havens, but the Group has called the report baseless and affirmed its financials are strong. \u201cOur ongoing monitoring will be looking closely at any major changes to the rated entities\u2019 access to financing or cost of financing on a long-term basis, unfavourable regulatory\/legal developments or ESG-related matters that could affect credit profiles,\u201d the ratings agency said [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-552648","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=552648"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552648\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}