CRISIL updates on credit ratings of Suzlon Energy Ltd

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CRISIL has assigned its ‘CRISIL BBB-/Stable/CRISIL A3’ ratings to the debt facilities of Suzlon Energy Limited.

Total bank loan facilities rated# – Rs.8521 Crores (# Of this, Rs.4053 Crores is proposed facility (term loan and non-fund based limits), which shall be used to refinance the existing debt.)

Long-term rating – CRISIL BBB-/Stable (assigned)

Short-term rating – CRISIL A3 (assigned)