{"id":562315,"date":"2023-03-14T10:59:52","date_gmt":"2023-03-14T05:29:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=562315"},"modified":"2023-03-14T12:11:56","modified_gmt":"2023-03-14T06:41:56","slug":"fitch-affirms-bbb-rating-of-adani-electricity-mumbai-its-usd-2-billion-note-programme","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fitch-affirms-bbb-rating-of-adani-electricity-mumbai-its-usd-2-billion-note-programme\/","title":{"rendered":"Fitch affirms &#8216;BBB-&#8216; rating of Adani Electricity Mumbai, its USD 2-billion note programme"},"content":{"rendered":"<p>Fitch Ratings on Monday affirmed the credit rating of Adani Electricity Mumbai, saying the Hindenburg Research report alleging governance issues at the Adani group has a limited near-term impact on the company&#8217;s cost of funding. In a statement, the rating agency said, it has affirmed the &#8216;BBB-&#8216; rating on Adani Electricity Mumbai Ltd (AEML) US dollar senior secured notes due 2030.<\/p>\n<p>It has also affirmed AEML&#8217;s USD 2-billion global medium-term note programme and notes issued under the programme at &#8216;BBB-&#8216;.<\/p>\n<p>&#8216;BBB&#8217; indicates investment grade rating with relatively higher credit risk.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fitch Ratings on Monday affirmed the credit rating of Adani Electricity Mumbai, saying the Hindenburg Research report alleging governance issues at the Adani group has a limited near-term impact on the company&#8217;s cost of funding. In a statement, the rating agency said, it has affirmed the &#8216;BBB-&#8216; rating on Adani Electricity Mumbai Ltd (AEML) US dollar senior secured notes due 2030. It has also affirmed AEML&#8217;s USD 2-billion global medium-term note programme and notes issued under the programme at &#8216;BBB-&#8216;. &#8216;BBB&#8217; indicates investment grade rating with relatively higher credit risk.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-562315","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562315","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=562315"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562315\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=562315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=562315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=562315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}