INDIA RATINGS: Lakhani Shoes, Prime Ispat Lowered
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
0489158D IN (BG Shirke Construction Technology Pvt Ltd)
9541986Z IN (Prime Ispat Ltd)
Topics
First Word Credit Asia
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Lakhani Shoes
- Long-term bank facilities cut to D from C at Crisil
- Cites instances of devolvement of letter of credit
- Prime Ispat
- LT bank facilities cut to BBB- from BBB at Crisil
- Expects stretch in liquidity due to capex
- B.G. Shirke Construction
- LT loan raised to A from A- at India Ratings
- Cites strong credit metrics, improved operating margin
- Ishwar Singh and Associates Construction
- LT bank facilities raised to BB+ from BB at Crisil
- Cites sustained revenue growth, continued healthy order book
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
0489158D IN (BG Shirke Construction Technology Pvt Ltd)
9541986Z IN (Prime Ispat Ltd)
Topics
First Word Credit Asia
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283