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CRISIL · 2026-09-30

Glaceon 12 2025 downgraded to BB+ by CRISIL — 30 Sep 2026

CRISIL downgraded Glaceon 12 2025 on 2026-09-30, rating BB+. No other actions on file yet.

CRISIL's published heading: “Series A1 PTCs rating downgraded to 'Crisil BB+ (SO)'; Equity Tranche PTCs rating reaffirmed at ‘Crisil BB (SO)’”

What the agency published
Entity (per CRISIL heading)Glaceon 12 2025
ActionDowngrade
RatingBB+
Action date2026-09-30
AgencyCRISIL
SourceCRISIL rating rationale ↗

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