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Hexagon Nutrition receives credit ratings from CARE Ratings, including a CARE A-; Stable rating
01-Aug-2026, 06:42
Hexagon Nutrition Ltd announced that CARE Ratings Limited has replaced ICRA Limited as the credit rating agency, assigning ratings to its various bank facilities and/or debt instruments, including a CARE A-; Stable rating to Long Term Bank Facilities totaling 23.00, a CARE A-; Stable / CARE A2+ rating to Long Term / Short Term Bank Facilities amounting to 43.00, and a CARE A -; Stable / CARE A2+ rating to Long Term / Short Term Bank Facilities also totaling 43.00, all based on an independent assessment of the company’s financial and operational profile; the agency also assigned a CARE A-; Stable rating to Long Term Bank Facilities of 23.00, and noted multiple term loans with a latest maturity of June 2030, along with proposed term loans of 18.03, while also indicating continuous monitoring of existing bank facilities, and acknowledging that CARE=dge RATINGS possesses incomplete information; CareEdge Ratings noted that their rating reflects opinions as on the date of the rating, and no rating data was provided by other agencies.
Hexagon Nutrition Ltd announced that CARE Ratings Limited has replaced ICRA Limited as the credit rating agency, assigning ratings to its various bank facilities and/or debt instruments, including a CARE A-; Stable rating to Long Term Bank Facilities totaling 23.00, a CARE A-; Stable / CARE A2+ rating to Long Term / Short Term Bank Facilities amounting to 43.00, and a CARE A -; Stable / CARE A2+ rating to Long Term / Short Term Bank Facilities also totaling 43.00, all based on an independent assessment of the company’s financial and operational profile; the agency also assigned a CARE A-; Stable rating to Long Term Bank Facilities of 23.00, and noted multiple term loans with a latest maturity of June 2030, along with proposed term loans of 18.03, while also indicating continuous monitoring of existing bank facilities, and acknowledging that CARE=dge RATINGS possesses incomplete information; CareEdge Ratings noted that their rating reflects opinions as on the date of the rating, and no rating data was provided by other agencies.