News ArticleSuzlon Energy Limited's Rs.5685 Crore Bank Facilities Upgrade to CRISIL AA- and A1+ Ratings with Stable Outlook
CRISIL upgrades long-term rating from A+ to AA- and short-term rating from A1 to A1+ for Suzlon's bank loans
Suzlon Energy Limited's long-term credit rating has been upgraded by CRISIL from A+ to AA-, and the short-term rating has improved from A1 to A1+. These ratings apply to bank loan facilities totaling Rs.5685 Crores, reflecting enhanced credit assessment with a stable outlook.
Suzlon Energy Limited
Credit Rating
Suzlon Energy Limited announced that CRISIL has upgraded the credit ratings on its total bank loan facilities amounting to Rs.5685 Crores to a long-term rating of AA- with a stable outlook and a short-term rating of A1+.
CRISIL raised Suzlon Energy's long-term rating from A+ to AA-, indicating improved creditworthiness perceived by the rating agency.
The short-term rating has been upgraded from A1 to A1+, representing a higher degree of safety in the short term.
The upgrades cover Suzlon's total bank loan facilities valued at Rs.5685 Crores, reflecting enhanced financial strength and credit profile.
The outlook for the long-term rating remains stable, suggesting no immediate changes expected in the credit assessment.
Highlights
- Total bank loan facilities rated amount to Rs.5685 Crores.
- Long-term credit rating upgraded to CRISIL AA- from A+.
- Short-term credit rating upgraded to CRISIL A1+ from A1.
- Stable outlook maintained on the long-term rating.
Key Data Snapshot
What happened
- CRISIL upgraded Suzlon Energy Limited's long-term credit rating from A+ to AA-.
- Short-term credit rating was also upgraded from A1 to A1+.
- The rating change applies to total bank loan facilities of Rs.5685 Crores.
- The long-term rating outlook remains stable.
Key details
- Total bank loan facilities rated by CRISIL amount to Rs.5685 Crores.
- The credit rating upgrade reflects an improved evaluation of Suzlon Energy's credit profile.
- The ratings provide a benchmark for Suzlon’s borrowing costs and financial reputation in the banking sector.
Highlights
- Total bank loan facilities rated amount to Rs.5685 Crores.
- Long-term credit rating upgraded to CRISIL AA- from A+.
- Short-term credit rating upgraded to CRISIL A1+ from A1.
- Stable outlook maintained on the long-term rating.
Disclosures
- Credit rating upgrade announcement dated 28th October 2026
Source Information
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