HALISTER1: INDIA RATINGS: Eastman Cast, Manjushree Technopack Raised

INDIA RATINGS: Eastman Cast, Manjushree Technopack Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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UPGRADES
  • Eastman Cast
    • Long-term bank facilities raised to BB+ from BB- at Crisil
    • Cites improvement in liquidity
  • Manjushree Technopack
    • LT bank facilities raised to A+ from A at Crisil
    • Cites improved diversity at customer, geography and product level
  • Patnaik Steels
    • LT bank facilities raised to B+ from C at Crisil
    • Cites increase in net sales

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
MTPL IN (Manjushree Technopack Ltd)
9265033Z IN (Eastman Cast & Forge Ltd)

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