Singapore, September 17 (ANI): Fitch Ratings has said the upgrade of Reliance Industries Ltd's (RIL's) long-term foreign-currency (FC) issuer default rating (IDR) to BBB in June -- a notch above India's country ceiling of BBB-minus -- reflects expectation that RIL's hard-currency (HC) extern
Hong Kong, Sep 16 (ANI): Fitch Ratings has affirmed Kerala Infrastructure Investment Fund Board's (KIIFB) long-term foreign- and local-currency issuer default ratings at BB.
Hong Kong, Sep 10 (ANI): Fitch Ratings has assigned Power Finance Corporation's (PFC's) proposed Regulation S senior unsecured euro green bond a rating of BBB-minus.
London [UK], September 10 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident from extension of Covid-19-related relief measures to borrowers, Fitch Ratings has said.
Singapore, September 1 (ANI): Bharti Airtel Ltd's planned USD2.8 billion equity issuance will improve its funds from operations (FFO) net leverage to around 2x and provide funds to strengthen its market position, according to Fitch Ratings.
Singapore, August 10 (ANI): Fitch Ratings has affirmed Glenmark Pharmaceuticals Ltd's long-term issuer default rating at BB after its active pharmaceutical ingredient (API) business completed an initial public offering (IPO).
Singapore, August 9 (ANI): Fitch Ratings has assigned Azure Power Energy Ltd's (APEL's) proposed five-year partially amortising US-dollar senior secured notes due 2026 an expected rating of BB-plus.
London [UK], Aug 2 (ANI): Global container port congestion has increased port operators' costs and put pressure on their margins, Fitch Ratings has said.
Mumbai (Maharashtra) [India], July 30 (ANI): The proposed transfer of Jubilant Pharma Ltd's (JPL's) active pharmaceutical ingredients (API) business to its parent Jubilant Pharmova Ltd (JPHL) will not affect JPL's ratings, says Fitch Ratings.
Hong Kong, July 27 (ANI): Fitch Ratings has assigned India Cleantech Energy Ltd's (ICEL's) proposed US dollar senior secured notes due 2026 an expected rating of BB-minus.
Hong Kong, July 26 (ANI): Pandemic-induced fiscal responses and economic contractions have led to a sharp rise in public debt among rated sovereigns in the Asia Pacific (APAC) region but there is significant variation between individual sovereigns' performance, according to Fitch Ratings.