INDIA RATINGS: Axis Bank, Manyata Promoters, Trident Raised
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
AXSB IN (Axis Bank Ltd)
TRID IN (Trident Ltd/India)
1023106D IN (Manyata Promoters Pvt Ltd)
9155867Z IN (Shalina Laboratories Pvt Ltd)
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Serman India Road Makers
- Long-term bank facilities cut to B+ from BB- at Care
- Cites significant decline in total operating income
- Axis Bank
- Basel III Tier 1 bonds raised to AA+ from AA at Crisil
- Cites comfortable reserves position
- Manyata Promoters
- LT bank facilities raised to A(SO) from A-(SO) at Crisil
- Cites faster-than-anticipated leasing of its recently developed commercial space and sharp reduction in interest rate
- Shalina Laboratories
- LT bank facilities raised to BBB- from BB+ at Crisil
- Cites robust financial risk profile
- Trident
- LT bank facilities raised to A+ from A at Crisil
- Expects business risk profile to improve over the near to medium term due to ramp-up in utilization of towels and newly established bed-linen facilities
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
AXSB IN (Axis Bank Ltd)
TRID IN (Trident Ltd/India)
1023106D IN (Manyata Promoters Pvt Ltd)
9155867Z IN (Shalina Laboratories Pvt Ltd)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283