HALISTER1: INDIA RATINGS: ASP Sealing Products Downgraded to BB-

INDIA RATINGS: ASP Sealing Products Downgraded to BB-

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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DOWNGRADE
  • ASP Sealing Products
    • Long-term bank facilities cut to BB- from BB at Crisil
    • Cites stretch in working capital cycle due to increase in inventory
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
0655400D IN (ASP Sealing Products Ltd)

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