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Credit Market

25 Nov 2020

SREI Infra, Sharp Downgrade from Public Debt Issue Rating of AA+

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Srei Infrastructure Finance Ltd raised funds through a public debt issue in May 2019, when it was rated AA+. The rating since then has been downgraded to A+ with a negative outlook and investors who had invested in the debt issue are facing the implications of the downgrade, which are rise in spreads and lack of liquidity.

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Arjun Parthasarathy
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