Moody’s downgrades Ola’s rating; flags risk of loan covenant breach

November 8, 2025

, By The Economic Times

Moody’s downgrades Ola’s rating; flags risk of loan covenant breach

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Ratings agency Moody’s has downgraded the credit rating of ride-hailing firm Ola’s parent, ANI Technologies, and assigned a negative outlook, citing weakening operating performance that is straining liquidity and raising the risk of a breach of loan covenants.

“The downgrade to Caa1 and negative outlook reflects the ongoing weakness in Ola’s operating performance that is eroding liquidity and raising the risk of a covenant breach in the coming months,” said Sweta Patodia, assistant vice president and analyst at Moody’s Ratings.

Loan…

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Moody’s downgrades Ola’s rating; flags risk of loan covenant breach

November 8, 2025

, Published By The Economic Times

Moody’s downgrades Ola’s rating; flags risk of loan covenant breach

Ratings agency Moody’s has downgraded the credit rating of ride-hailing firm Ola’s parent, ANI Technologies, and assigned a negative outlook, citing weakening operating performance that is straining liquidity and raising the risk of a breach of loan covenants.

“The downgrade to Caa1 and negative outlook reflects the ongoing weakness in Ola’s operating performance that is eroding liquidity and raising the risk of a covenant breach in the coming months,” said Sweta Patodia, assistant vice president and analyst at Moody’s Ratings.

Loan…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Tech wrap this week: Motorola Edge 70, Moto G57 Power and Moto G57, among mid-range phone launches

Next News

Silent Hill 2 Remake reportedly outed for Xbox, with a November release date in tow — does it tie into the mysterious partner preview show?

The Economic Times

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