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Domestic Ratings

Instrument/Facility Rating Agency Rating Assigned
Commercial paper ICRA Limited ICRA A1 +
Commercial paper Crisil Ratings Limited Crisil A1 +
Bank loan ratings Acuité Ratings & Research Limited Acuite AA +/ Stable
Non-convertible debentures Acuité Ratings & Research Limited Acuite AA +/ Stable
Term loans Infomerics Valuation and Rating Limited IVR AA+/Stable
Non-convertible debentures Infomerics Valuation and Rating Limited IVR AA+/Stable
Cash credit Infomerics Valuation and Rating Limited IVR AA+/Stable
Bank loan facilities India Ratings and Research Private Limited IND AA-/ Stable

International Ratings

Instrument/Facility Rating Agency Rating Assigned
Issuer rating CareEdge Global IFSC Limited CareEdge BB-/Positive
USD 1 billion global medium-term note programme CareEdge Global IFSC Limited CareEdge BB-/Positive
USD 300 million senior secured notes CareEdge Global IFSC Limited CareEdge BB-/Positive
Long Term Issuer Default Rating Fitch Ratings Singapore Pte Ltd. BB-/ Stable
Short Term Issuer Default Rating Fitch Ratings Singapore Pte Ltd. B
Local Currency Long Term Issuer Default Rating Fitch Ratings Singapore Pte Ltd. BB-/ Stable
USD 1 billion Global Medium-Term Note (GMTN) Programme Fitch Ratings Singapore Pte Ltd. BB-
USD300 Million Senior Secured Notes Fitch Ratings Singapore Pte Ltd. BB-
Long-term Corporate Family rating (CFR) Moody's Investors Service Singapore Pte. Ltd. Ba3/ Stable
USD 1 billion Global Medium-Term Note (GMTN) Program Moody's Investors Service Singapore Pte. Ltd. (P)Ba3
USD 300 million senior secured notes Moody's Investors Service Singapore Pte. Ltd. Ba3