Sun Pharma Assigned Baa1, BBB+ Ratings by Moody's, S&P

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Sun Pharmaceutical Industries (BOM:524715, NSE:SUNPHARMA) has been assigned a long-term issuer credit rating of Baa1 by Moody's Ratings and BBB+ by S&P Global Ratings, both with stable outlooks, according to a Tuesday exchange filing.

The ratings take into account Sun Pharma's proposed acquisition of Organon & Co., according to the filing.

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