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IRB Infrastructure Developers submits intimation of non-rating action commentary by fitch ratings

16 Oct 2024 Evaluate
IRB Infrastructure Developers has informed that Fitch Ratings has issued a Non-Rating Action Commentary stating that IRB Infrastructure’s Rating Headroom to Remain Adequate After Tap Issuance of additional USD 200 million on its existing US dollar bond due in March 2032. For detailed information, the communication from Fitch Ratings available at the following link: https://www.fitchratings.com/research/infrastructure-project-finance/irb-infrastructures-rating-headroomto-remain-adequate-after-tap-issuance-15-10-2024

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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