Moody's Investors Service and Fitch Ratings on Tuesday have assigned the long-term ratings to the
JSW Energy Limited’s wholly-owned subsidiary, JSW Hydro Energy Limited's proposed USD denominated senior secured notes.
Moody's Investors Service has assigned provisional rating (P)Ba1 with a Stable outlook and Fitch Ratings assigned expected rating BB+ (EXP) with Stable outlook.
“This information relates to an offering of the Notes offered and sold within the United States to “qualified institutional buyers” and outside the United States,” company said in a regulatory filing on Tuesday.
At around 11.11 am, JSW Energy Ltd was trading at Rs112.90 per piece up Rs2.65 or 2.40% from its previous closing of Rs110.25 per piece on the BSE.