8.08%. If the credit rating of the debentures is downgraded to AA, the coupon rate will be increased by 0.5%. If the credit rating of the debentures is downgraded below AA, the coupon rate will be increased 0.25% for each notch of rating downgrade. If the credit rating of the debentures is upgraded to AA, the coupon rate will be decreased by 0.5%. If the credit rating of the debentures is upgraded, the coupon rate will be increased 0.25% for each notch of rating downgrade till AA+.

Suryapet Khammam Road Private Limited

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

Credit rating

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