HALISTER1: Brazilian leader says corruption probe should be shelved

Brazilian leader says corruption probe should be shelved

Alert: HALISTER1
Source: SYH (Sydney Morning Herald)

People
Michel Temer (Federative Republic of Brazil)
Aecio Neves (Federative Republic of Brazil)
Dilma Rousseff (Worker's Party Of Sao Paulo)
Eduardo Cunha (Federative Republic of Brazil)
Luiz Inacio Da Silva (Federative Republic of Brazil)

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UUID: 7947283

HALISTER1: INDIA RATINGS: Man Industries Cut; BFCL Terminal, JSK Raised

INDIA RATINGS: Man Industries Cut; BFCL Terminal, JSK Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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DOWNGRADES
  • C.L.Gulhati and Sons
    • Long-term bank facilities cut to D from C at Crisil
    • Cites delay in meeting interest payments
  • Man Industries
    • LT bank facilities cut to BBB from BBB+ at Crisil
    • Cites slower-than-expected monetization of its residential real estate project
UPGRADES
  • BFCL Terminal
    • LT bank facilities raised to BBB- from BB+ at Crisil
    • Cites commencement of operations
  • JSK Industries
    • Cash credit raised to A from A- at ICRA
    • Cites increase in cash accruals

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
MAN IN (Man Industries India Ltd)
0822269D IN (JSK Industries Pvt Ltd)

Topics
Emerging Mkts News, Analysis

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UUID: 7947283