| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Export Import Bank of India > News item |
Moody’s rates EXIM India notes Baa3
Moody's Investors Service said it assigned a Baa3 rating to the proposed dollar-denominated senior unsecured notes issued by Export-Import Bank of India (EXIM India) from its $10 billion medium-term note program.
The bonds will be listed on the Singapore Stock Exchange.
The outlook is positive.
Moody’s said the Baa3 rating reflects: (a) The status of the proposed notes as senior unsecured obligations of the bank; (b) EXIM India's baseline credit assessment of ba2; and (c) Moody's assessment of the bank's very high dependence on, and the high probability of support from, the Government of India (Baa3 positive).
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.