INDIA RATINGS: IFCI Cut; Mid India Creations Raised
Source: BFW (Bloomberg First Word)
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IFCI IN (IFCI Ltd)
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- IFCI
- Long-term bonds cut to A from A+ at ICRA
- Cites deterioration in asset quality
- Mid India Creations
- LT fund-based term loan raised to BB- from B+ at ICRA
- Cites change in terms of company’s agreement with the property’s operator
Source: BFW (Bloomberg First Word)
Tickers
IFCI IN (IFCI Ltd)
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UUID: 7947283