HALISTER1: INDIA RATINGS: Amco Saft Cut; Green Infra Wind Raised

INDIA RATINGS: Amco Saft Cut; Green Infra Wind Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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DOWNGRADES
  • Amco Saft
    • Long-term bank facilities cut to BB+ from BBB- at Crisil
    • Cites stretch in working capital cycle
UPGRADES
  • Green Infra Wind Farm
    • Term loan raised to A- from BBB+ at ICRA
    • Cites satisfactory performance of the wind asset
  • Jayalakshmi Sea Foods
    • LT bank facilities cut to BBB from BBB- at Care
    • Cites improvement in operating efficiency
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
4084467Z IN (AMCO Saft India Ltd)

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