INDIA RATINGS: Eimco Elecon, Krishi Rasayan Cut
Source: BFW (Bloomberg First Word)
Tickers
EEI IN (Eimco Elecon India Ltd)
1075746D IN (Krishi Rasayan)
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Eimco Elecon
- Long-term loan facilities cut to A+ from AA- at Crisil
- Expects scale operations to remain modest over the medium term due to the continued sluggishness in demand for equipment from underground coal mining industry
- Krishi Rasayan
- LT loan facilities cut to BBB from BBB+ at Crisil
- Expects financial-risk profile to remain subdued over the medium term due to leveraged capital structure
Source: BFW (Bloomberg First Word)
Tickers
EEI IN (Eimco Elecon India Ltd)
1075746D IN (Krishi Rasayan)
To de-activate this alert, click here
UUID: 7947283