INDIA RATINGS: IndusInd Media Cut; Himachal Baspa Power Raised
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
HVL IN (Hinduja Ventures Ltd)
JSW IN (JSW Energy Ltd)
6596532Z IN (Jupiter Knitting Co)
0526745D IN (K Patel Metal Industries Pvt Ltd)
SABTN IN (SRI Adhikari Brothers Television Network Ltd)
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India Macro News
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- IndusInd Media
- Rupee term loan cut to BBB+ from A- at India Ratings
- Cites subdued operating performance
- K Patel Metal Industries
- Long-term bank facilities cut to B from B+ at Crisil
- Cites weakening of business, financial risk profiles
- Sri Adhikari Brothers Television
- Term loan cut to D from BBB- at Care
- Cites ongoing delay in servicing debt obligations
- Himachal Baspa Power
- LT bank facilities raised to A+ from A at Care
- Cites approval of capital cost of Karcham Wangtoo Hydro Project by regulator
- Jupiter Knitting
- LT bank facilities raised to BB from BB- at Crisil
- Cites better operating performance
- Kalpataru Satpura Transco
- LT bank facilities raised to A from A- at Crisil
- Cites track record of over two years of higher-than- normative line availability, timely receipt of payments from Madhya Pradesh Power Transmission Co.
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
HVL IN (Hinduja Ventures Ltd)
JSW IN (JSW Energy Ltd)
6596532Z IN (Jupiter Knitting Co)
0526745D IN (K Patel Metal Industries Pvt Ltd)
SABTN IN (SRI Adhikari Brothers Television Network Ltd)
Topics
India Macro News
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283