INDIA RATINGS: PCP International Cut; Terai Ispat Raised
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
0919503D IN (PCP International Ltd)
1022514D IN (Terai Ispat Trading Ltd)
Topics
Emerging Mkts News, Analysis
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- PCP International
- Long-term bank facilities cut to BB+ from BBB- at Crisil
- Cites subdued business risk profile over the medium term because of declining sales
- Terai Ispat
- LT bank facilities raised to BB- from B at Crisil
- Cites change in analytical approach of the rating company, leading to consolidated stronger business and financial risk profile
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
0919503D IN (PCP International Ltd)
1022514D IN (Terai Ispat Trading Ltd)
Topics
Emerging Mkts News, Analysis
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283