Fitch Ratings has affirmed Indian renewable power producer ReNew Energy Global Plc s and onshore subsidiary ReNew Private Limited s Long-Term Issuer Default Rating at BB- with a Stable.
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Fitch Ratings has revised the Outlook on DP World Limited’s (DPW) Long-Term Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at ‘BBB-‘The Short-Term IDR has been affirmed at ‘F3’. A full list of rating actions is at the end of this rating action commentary. RATING RATIONALE The Positive Outlook reflects our .
Fitch Ratings has assigned a 'BB-' rating to the proposed senior unsecured US dollar notes to be issued by India Clean Energy Holdings, a Mauritius-based fully owned subsidiary of ReNew Energy Global Plc, which is the parent of ReNew Power Private Limited (ReNew, BB-/Stable). The proposed notes' proceeds would be on-lent to ReNew by way of a US-dollar external commercial