Credit rarting agency CARE has assigned ‘A1+ (Structured Obligation)’ rating to the new proposed commercial paper issue of Rs 50 crore of Suzlon Energy’s subsidiary -- Suzlon Global Services (formerly known as Suzlon Structures). Simultaneously, the rating agency has withdrawn its rating assigned to earlier commercial paper issue of Suzlon Global Services as there was no outstanding as on date.
Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries in Asia, Australia, Europe, Africa and North and South America.
