Credit Rating
Latest news, explainers and analysis on Credit Rating. Tracking 2 stories on Arth Vani.
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Latest on Credit Rating
Shriram Finance Saves ₹64-86 Crore on ₹10,790 Crore Overseas Loan Post Credit Upgrade
Shriram Finance has significantly reduced its borrowing costs by ₹64.74 crore to ₹86.32 crore annually on a ₹10,790 crore ($1.3 billion) overseas syndicated loan. This saving, equivalent to 60-80 basis points, was achieved through a 'rate reset clause' in its loan agreement, triggered by an improved credit rating.
Global Rating Agency Upgrades OYO Parent's Outlook Ahead of Planned IPO
S&P Global has revised the credit outlook for OYO’s parent company, Prism, to 'Positive' from 'Stable'. This upgrade signals improved financial health and better credit metrics as the hospitality giant prepares for its stock market debut.
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