CRISIL Reaffirms AAA/Stable Credit Rating for Anzen India Energy Yield Plus Trust Debentures and Term Loan
Anzen India Energy Yield Plus Trust has received a credit rating reaffirmation from CRISIL Ratings Limited for its debt instruments and term loan. The rating firm upheld the AAA/Stable rating across the company's various borrowings, indicating the highest degree of safety regarding timely servicing of financial obligations.The reaffirmation covers Non-Convertible Debentures and a Term Loan facility, highlighting the strength and stability of the financial structure of the trust.
The following table details the instruments and corresponding ratings reaffirmed by CRISIL Ratings Limited:
| Instrument | Issue Size | Rating | Outlook |
|---|---|---|---|
| Non-Convertible Debentures | Rs. 300 crore | CRISIL AAA | Stable |
| Non-Convertible Debentures | Rs. 700 crore | CRISIL AAA | Stable |
| Non-Convertible Debentures | Rs. 775 crore | CRISIL AAA | Stable |
| Term Loan | Rs. 974.66 crore | CRISIL AAA | Stable |
The consistent AAA rating, coupled with a Stable outlook, positions the Anzen India Energy Yield Plus Trust favorably within the credit rating landscape.
ANZEN Stock Price Movement
As of 2:57 PM, shares of Anzen India Energy Yield Plus Trust are holding steady at ₹125.00 in live trading, showing no change percentage from the previous session. The stock maintains a stable footing near its peak, remaining just ₹1.00 below its 52-week high mark of ₹126.00.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.