Adani Ports secures ‘BBB’ upgrade from S&P, matches India’s sovereign rating
Ahmedabad, June 25 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday said that S&P Global Ratings has upgraded its long-term issuer credit rating and the issue rating on its senior unsecured notes to “BBB” from “BBB-“ with a “Stable” outlook, citing its robust cash generation and ability to fund an ambitious expansion plan while maintaining healthy leverage.