by Amruth Sundarkumar | May 30, 2023 | Credit Ratings, High Yield Bonds, India
Azure Power Global’s two group companies were downgraded by Moody’s. Azure Power Energy’s (APE) senior unsecured ratings were downgraded to B1 from Ba3 and Azure Power Solar Energy’s (APSE) senior unsecured ratings were cut to Ba3 from Ba2....
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...
