INDIA RATINGS: Nitin Fire Cut to D; Adani International Raised
Source: BFW (Bloomberg First Word)
Tickers
MSUM IN (Maharaja Shree Umaid Mills)
NFPI IN (Nitin Fire Protection Industries Ltd)
0837934D IN (Adani International Container Terminal Pvt Ltd)
DAI GR (Daimler AG)
GMRI IN (GMR Infrastructure Ltd)
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Maharaja Shree Umaid
- Long-term bank facilities cut to BB from BBB- at Care
- Cites continuing cash losses
- Nitin Fire Protection
- LT bank facilities cut to D from BBB+ at Crisil
- Cites devolvement of letters of credit
- Adani International
- LT bank facilities raised to AA- from A+ at Care
- Cites healthy growth in cash accruals
- Daimler India Commercial
- LT bank facilities raised to AAA from AA at Crisil
- Cites rating upgrade of parent Daimler AG by S&P
- GMR Hyderabad International
- LT bank facilities raised to AA- from A- at Care
- Cites favorable policy directive from Civil Aviation Ministry
- K.N.C. Agro
- LT bank facilities raised to BB from BB- at Crisil
- Cites higher operating revenue, stable operating profitability
Source: BFW (Bloomberg First Word)
Tickers
MSUM IN (Maharaja Shree Umaid Mills)
NFPI IN (Nitin Fire Protection Industries Ltd)
0837934D IN (Adani International Container Terminal Pvt Ltd)
DAI GR (Daimler AG)
GMRI IN (GMR Infrastructure Ltd)
To de-activate this alert, click here
UUID: 7947283