Moody’s Assigns First-Time Baa3 Rating to ATSOL GIFSCL’s Private Placement Notes

Moody’s Ratings has announced the assignment of a Baa3 rating to ATSOL GIFSCL’s private placement notes, marking the company’s entry into the investment-grade category. This rating reflects Moody’s confidence in ATSOL GIFSCL’s ability to maintain solid liquidity, stable operations, and credit metrics supportive of long-term financial sustainability.

Key Highlights:

• First-Time Rating: ATSOL GIFSCL’s private placement notes receive a Baa3 rating, placing them in the investment-grade bracket.
• Liquidity Strength: Moody’s expects ATSOL GIFSCL to maintain strong access to liquidity over the next 12–18 months.
• Credit Metrics: The rating is supported by stable financial indicators and operational resilience.
• Market Impact: The rating enhances ATSOL GIFSCL’s credibility with global investors, potentially lowering borrowing costs.
• Sector Confidence: The move reflects broader confidence in the financial stability of Adani-linked entities, including ATSOL and AEML.

Sources: Moody’s Ratings, IBTimes India, Tezzbuzz, IANS