CARE Ratings Reaffirms 'AAA' Grade Issuer and Debt Rating for Digital Fibre Infrastructure Trust
CARE Ratings Limited has reaffirmed the credit ratings for the Digital Fibre Infrastructure Trust (Trust). The agency maintained the rating for both the Trust's general issuer status and its long-term debt instrument.The reaffirmation of the Issuer Rating has assigned the Trust a rating of 'CARE AAA; Stable'.
Furthermore, the rating agency reviewed and reaffirmed the rating for the Trust's long-term debt issue. The review covered a debt limit of ₹32,726 crore, maintaining the rating at 'CARE AAA; Stable'.
The details of the reaffirmed ratings are presented below:
| Type of Rating | Instrument | Amount | Rating | Action |
|---|---|---|---|---|
| Issuer rating | Trust | N/A | CARE AAA; Stable | Reaffirmed |
| Long term debt | Debt | ₹32,726 crore | CARE AAA; Stable | Reaffirmed |
The rating reassessment was based on reviews of the issuer rating and the long-term debt structure. The ratings affirm the general creditworthiness of the Trust in both its issuer capacity and regarding its specific debt instrument.
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