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Nephrocare Health Services Ltd. receives credit rating upgrades from India Ratings across loan facilities

18-Sep-26 21:06 Hrs IST

Nephrocare Health Services Ltd announced credit rating actions from India Ratings and India Ratings and Research (Ind-Ra) across various bank loan facilities and a term loan. India Ratings upgraded the Bank Loan Facilities - Long -term to IND AA-/Stable and the Bank Loan Facilities - Short -term to IND A1+ / IND AA- / Stable, reaffirmed the Short-Term Rating at IND A1+, and upgraded Bank Loan Facilities to IND AA- with a stable outlook; Ind-Ra upgraded bank loan facilities totaling 2,262.27, affirmed short-term ratings on bank loan facilities totaling 2,700.00, assigned a rating of IND AA-/Stable/IND A1+ to bank loan facilities of 506.63, and provided ratings for additional bank loan facilities of 650 (Citibank N.A.), 400 (HDFC Bank Limited), and 1,650 (Hongkong Shanghai Banking corporation), alongside a term loan of 68.9 from Asian Development Bank, all carrying the IND AA-/Stable/IND A1+ rating, with no other rating agencies or instruments mentioned.

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