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Edelweiss Financial Services receives revision in credit ratings from Brickwork Ratings

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Capital Market
Edelweiss Financial Services announced that Brickwork Ratings (BWR) has assigned credit rating of 'BWR AA-'/ Stable for the proposed issuance of long term Non-Convertible Debentures ( NCDs) and 'BWR PP-MLD AA-'/ Stable for the long term Principal Protected Market-Linked Debentures of the Company.

Further, Brickwork has reaffirmed the credit rating 'BWR AA-'/ Stable and 'BWR PP-MLD AA-'/ Stable for the existing long term NCDs and the Principal Protected MarketLinked Debentures of the Company, respectively. The credit rating of the short term Principal Protected Market-Linked Debentures has been withdrawn.

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First Published: Mar 06 2021 | 10:19 AM IST

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