CRISIL, India-Ra assign and reaffirm credit rating of Virescent Renewable Energy Trust NCDs

3 Feb 2022 , 10:45 AM

CRISIL has assigned its CRISIL AAA/Stable rating to Virescent Renewable Energy Trust (VRET) on the Rs650cr Non-Convertible Debt Securities proposed to be issued by VRET and also reaffirmed its ‘CRISIL AAA/Stable’ rating on the Rs1,000cr worth of NCDs of VRET.

Meanwhile, India Ratings and Research (Ind-Ra) has assigned its IND AAA/Stable rating to Virescent Renewable Energy Trust on the Rs650cr Non-Convertible Debt Securities proposed to be issued by VRET and also affirmed its ‘IND AAA/Stable’ rating on the Rs1,000cr worth of NCDs of VRET.