JSW Infrastructure achieves investment grade, outlook positive

JSW Infrastructure Ltd. (JSWIL) announced on August 26, 2025, that Fitch Ratings upgraded its Long-Term Foreign-Currency Issuer Default Rating (IDR) and its $400 million senior notes due 2029 to 'BBB-' from 'BB+'. This moves JSWIL into the investment grade category with a Stable Outlook. This upgrade follows a similar investment grade rating of 'BBB-' with a Stable Outlook from S&P Global Ratings.

Concurrently, Moody's Ratings affirmed JSW Infrastructure's Corporate Family Rating (CFR) and Senior Secured Bond Rating at 'Ba1', while revising its outlook from Stable to Positive. These affirmations and upgrades reflect the company's commitment to financial management and strategic growth within India's port and logistics sector.

The company plans to expand its total cargo-handling capacity to 400 million tonnes per annum (MTPA) by 2030 or earlier, reinforced by these strengthened credit ratings. JSW Infrastructure emphasized that these ratings empower it to pursue ambitious growth leveraging global capital while maintaining a strong balance sheet.