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Prospect News home > News index > List of issuers A > Headlines for Adani Electricity Mumbai Ltd. > News item
Published on 1/23/2020 in the Prospect News Emerging Markets Daily.

Fitch: Adani Electricity Mumbai notes BBB-

Fitch Ratings said it assigned a first-time BBB- rating to the proposed dollar-denominated senior secured notes of Adani Electricity Mumbai Ltd., a wholly owned subsidiary of Adani Transmission Ltd.

The proposed notes represent joint and several obligations of Adani Electricity and Power Distribution Service Ltd.

Adani Electricity plans to use the proceeds to refinance the majority of its debt.


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