Moody’s Ratings has revised the outlook on Adani Ports and Special Economic Zone’s (APSEZ) ratings from negative to stable. The company’s investment grade rating has been reaffirmed at ‘Baa3’. This revision reflects Moody’s assessment of APSEZ’s financial stability and operational performance.
Moody’s Revises APSEZ Outlook
Adani Ports and Special Economic Zone (APSEZ) has received notification that Moody’s Ratings has revised its outlook on the company. The outlook has been adjusted from negative to stable, reaffirming the company’s financial standing in the investment community.
Investment Grade Rating Reaffirmed
Alongside the outlook revision, Moody’s has reaffirmed APSEZ’s investment grade rating at ‘Baa3‘. This rating reflects Moody’s confidence in APSEZ’s creditworthiness and long-term financial prospects. The ‘Baa3‘ rating indicates that the company is considered to have a moderate credit risk.
Source: BSE