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Moody’s assign ratings to Adani Transmission’s proposed bonds

14 Jul 2016 Evaluate

Global credit rating agency, Moody’s Investors Service has assigned a provisional ‘Baa3’ rating to Adani Transmission’s proposed USD denominated senior secured bonds and to the Indian Rupee denominated senior secured bonds. The outlook on the ratings is stable.

Adani Transmission is engaged in providing establishing, commissioning, operating and maintaining electric power transmission systems in India. It offers operation and maintenance (O&M) support services. Adani Transmission operates as a subsidiary of Adani Enterprises.


Peers
Company Name CMP
NTPC 314.00
Tata Power 352.45
Adani Power 195.50
Power Grid Corpn. 249.75
Adani Energy Solut. 1363.50
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