Moody’s affirms ratings of 8 Adani Companies and changes outlook on 4 to negative

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  • Moody’s maintains ratings of 8 Adani companies.
  • Outlook on 4 of the companies has been changed to negative.
  • Affirmation of APSEZ’s issuer ratings takes into account the company’s strong market position as the largest port developer and operator in India by cargo volume.
  • Additionally, APSEZ has a strong liquidity and financial profile.