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Azure Power Downgraded by Fitch and Moody’s

by Amruth Sundarkumar | Jan 17, 2023 | Corporates, Credit Ratings

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...

Azure Power Downgraded by Fitch and Moody’s

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