{"id":884173,"date":"2024-12-05T07:44:11","date_gmt":"2024-12-05T02:14:11","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=884173"},"modified":"2024-12-05T08:22:51","modified_gmt":"2024-12-05T02:52:51","slug":"moodys-upgrades-oyos-rating-to-b2-highlights-improved-profitability","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/05\/moodys-upgrades-oyos-rating-to-b2-highlights-improved-profitability\/","title":{"rendered":"Moody&#8217;s upgrades Oyo&#8217;s rating to B2, highlights improved profitability"},"content":{"rendered":"<p>Global rating agency Moody\u2019s has upgraded Oravel Stays Limited\u2019s (Oyo) corporate family rating (CFR) from \u201cB3\u201d to \u201cB2\u201d. <\/p>\n<p>Sweta Patodia, Assistant Vice President and Analyst, Moody&#8217;s Ratings said the upgrade also highlights Oyo\u2019s improved profitability over recent quarters. This has significantly strengthened its credit metrics. <\/p>\n<p>This upgrade follows the proposed refinancing of Oyo\u2019s existing term loan through another credit. This transaction is expected to alleviate the company\u2019s refinancing risk.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global rating agency Moody\u2019s has upgraded Oravel Stays Limited\u2019s (Oyo) corporate family rating (CFR) from \u201cB3\u201d to \u201cB2\u201d. Sweta Patodia, Assistant Vice President and Analyst, Moody&#8217;s Ratings said the upgrade also highlights Oyo\u2019s improved profitability over recent quarters. This has significantly strengthened its credit metrics. This upgrade follows the proposed refinancing of Oyo\u2019s existing term loan through another credit. This transaction is expected to alleviate the company\u2019s refinancing risk.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-884173","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/884173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=884173"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/884173\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=884173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=884173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=884173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}