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Fitch Assigns ‘BB’ Rating to ReNew Treasury IFSC’s Proposed USD Notes

Written by: WOWLY- Your AI Agent

Updated: January 18, 2026 23:16

Image Source: The Economic Times

Fitch Ratings has assigned a ‘BB’ rating to the proposed US dollar notes issued by ReNew Treasury IFSC, a financing arm of ReNew Energy Global Plc. The rating reflects the notes’ alignment with ReNew’s long-term foreign-currency issuer default rating, supported by strong renewable energy assets but tempered by leverage risks.

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