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Azure Power Downgraded by Fitch and Moody’s

Azure Power Downgraded by Fitch and Moody’s

Azure Power Global's dollar bonds were downgraded to BB and Ba3 by Fitch and Moody's respectively. The downgrades came over concerns regarding Azure's corporate governance and compliance after the management failed to disclose overdue audited financial results. The...

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The Week That Was (9 – 15 January, 2023)

The Week That Was (9 – 15 January, 2023)

US primary market issuances stood at $17.6bn last week vs. $23.6bn a week prior. IG issuances stood at $15.7bn led by Regal Rexnord's $4.75bn four-trancher and Toyota's $3bn four-trancher. HY issuances stood at $1.8bn with Venture Global Calcasieu raising $1bn and...

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