INDIA RATINGS: Oriental Nagpur, SRS Cut; OPG Power Raised
Source: BFW (Bloomberg First Word)
Tickers
SRSLT IN (SRS Ltd)
0490984D IN (OPG Power Generation Pvt Ltd)
819404Z IN (Oriental Structural Engineers Pvt Ltd)
6591228Z IN (Spartan Engineering Industries Pvt Ltd)
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Oriental Nagpur Betul Highway
- Long-term bank facilities cut to BBB+ from A at Care
- Cites higher-than-expected operating expense
- Spartan Engineering
- LT loan facilities cut to B from BB+ at Crisil
- Cites deterioration in liquidity
- SRS
- LT fund-based limits cut to D from BBB at ICRA
- Cites delays in debt servicing
- Bharathi Spintex
- LT bank facilities raised to BB- from B+ at Care
- Cites healthy growth in total operating income
- OPG Power
- LT bank facilities raised to A+ from A at Care
- Cites satisfactory completion, stabilization of operational performance of power plant
Source: BFW (Bloomberg First Word)
Tickers
SRSLT IN (SRS Ltd)
0490984D IN (OPG Power Generation Pvt Ltd)
819404Z IN (Oriental Structural Engineers Pvt Ltd)
6591228Z IN (Spartan Engineering Industries Pvt Ltd)
To de-activate this alert, click here
UUID: 7947283