To find out how much a company has borrowed

 

 

I wanted to share insights on the recent credit ratings provided and published by reputable agencies such as CARE, CRISIL, ICRA, and India Ratings for L&T Finance Holding Ltd.’s market borrowing. This information is essential for understanding the various types of debt the company is experiencing.

 

It's important to note the meticulousness of the rating process. Each agency has carefully rated various types of debt, with different amounts requested by the issuer. For instance, "Compulsory Convertible Preference Shares" were rated at Rs 2,836 Crore by CARE Rating, Rs 2,418 Crore by CRISIL Rating, and Rs 14,465 Crore by India Rating. Similarly, "Perpetual Debt" was rated at Rs 1,000 Crore by CARE and Rs 900 Crore by ICRA.

It's crucial to understand that the information provided, while comprehensive, doesn't offer a clear understanding of the issuer's total borrowing in each type of facility. This is because the rated amount for each type of facility with each rating agency is interrelated, potentially leading to inaccuracies in the total borrowing amount due to possible duplications.

The credit ratings we're discussing are not just numbers on a page. They are crucial for investors and stakeholders, providing a clear view of L&T Finance Holding Ltd.’s financial instruments. These ratings offer transparency and help evaluate the company's creditworthiness and the risk associated with its various types of debt.

Understanding these credit ratings and their implications is essential for maintaining a comprehensive view of L&T Finance Holding Ltd.'s financial standing in the market. Stay informed for better investments and financial decision-making!

 

To find out how much a company has borrowed in different markets, investors need to get the issuance amount for each International Securities Identification Number (ISIN) from the credit rating agency that rates the company. By adding up the amounts for each unique ISIN, investors can figure out the total market borrowing. This process takes time but is essential for credit rating agencies to function.