INDIA RATINGS: Muthoottu Mini Cut; Amba Shakti, Sriam Raised
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
0954893D IN (Muthoottu Mini Financiers Ltd)
1440288D IN (Sriam Labs Pvt 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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- JITF Commodity
- Revolving term loan cut to BBB- from BBB at Brickwork
- Cites change in ownership
- Muthoottu Mini Financiers
- Bank loans, NCDs cut to BBB- from BBB at India Ratings
- Cites concerns about INR2b non-core investment made in a real estate property
- Amba Shakti Udyog
- Long-term bank facilities raised to BB+ from BB at Care
- Cites stabilization of operations
- Sriam Labs
- LT bank facilities raised to AA-(SO) from A+(SO) at Care
- Cites revision in rating of guarantor Laurus Labs
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
0954893D IN (Muthoottu Mini Financiers Ltd)
1440288D IN (Sriam Labs Pvt Ltd)
Topics
First Word Credit Asia
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283