New Delhi [India], March 21: Paisalo Digital Limited has further reinforced its credit profile with the assignment of a top-tier short-term rating and reaffirmation of its long-term rating by Brickwork Ratings India Private Limited, underscoring strong investor confidence and financial stability.
The company has received a BWR A1+ rating for its proposed Commercial Paper issuance of ₹540 crore. This highest short-term rating denotes a high degree of safety and very low credit risk, reflecting Paisalo Digital's robust liquidity position and strong ability to meet its near-term financial obligations.
In addition, Brickwork Ratings has reaffirmed the company's BWR AA/Stable rating for its proposed Non-Convertible Debenture (NCD) issue of ₹1,500 crore, with a tenure of up to five years. The reaffirmation highlights the company's consistent operational performance, sound financial management, and stable outlook in servicing long-term debt commitments.
With the total rated facilities now standing at ₹2,040 crore, Paisalo Digital has significantly enhanced its borrowing framework, enabling efficient access to capital markets to support its growth strategy. The ratings reflect the company's disciplined approach to financial management, prudent risk practices, and continued focus on sustainable expansion.
The ratings are valid for a period of 12 months and remain subject to ongoing surveillance by Brickwork Ratings, ensuring continued transparency and adherence to regulatory and financial standards. This development marks a key milestone for Paisalo Digital as it continues to strengthen its market position and expand its lending footprint across India.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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