S&P assigns BBB rtg to EXIM Bank's proposed senior unsecured dlr notes
This story was originally published at 13:56 IST on 5 January 2026
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--S&P assigns BBB rtg to EXIM Bank's proposed senior unsecured dlr notes
NEW DELHI – S&P Global Ratings Monday assigned a 'BBB' long-term issue rating to Export-Import Bank of India's proposed benchmark-size dollar-denominated senior unsecured notes. The rating on the notes, issued under the bank's $10 billion global medium-term note program, reflects the long-term issuer credit rating on EXIM Bank, S&P said.
"The proposed notes will constitute direct, unconditional, unsecured, and unsubordinated obligations of India Exim. They shall at all times rank equally among themselves and with all other unsecured obligations of the entity," S&P said. Earlier Monday, Fitch Ratings assigned a 'BBB-' expected rating to the proposed unsecured notes. End
US$1 = INR 90.28
Reported by Shubham Rana
Edited by Deepshikha Bhardwaj
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