HALISTER1: INDIA RATINGS: Kineta Global, Pegma Resources Raised

INDIA RATINGS: Kineta Global, Pegma Resources Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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UPGRADES
  • Kineta Global
    • Long-term loan facilities raised to B from D at Crisil
    • Cites improvement in liquidity
  • Pegma Resources
    • LT bank facilities raised to B+ from B at Care
    • Cites improvement in capital structure due to March infusion of share capital
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Source: BFW (Bloomberg First Word)

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