INDIA RATINGS: RA Chem Pharma, ECL Finance Raised
Source: BFW (Bloomberg First Word)
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EDEL IN (Edelweiss Financial Services Ltd)
7177541Z IN (Ra Chem Pharma Ltd)
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- ECL Finance
- Long-term bank facilities raised to AA from AA- at Crisil; NCDs also upgraded to AA from AA-
- LT bank facilities of Edelweiss Housing and Edelweiss Commodities also raised to AA from AA- at Crisil
- Cites increase in proportion of retail, SME lending within the group’s credit book
- RA Chem Pharma
- LT bank facilities raised to BBB from BBB- at Care
- Cites growth in total operating income, profitability and cash accruals
Source: BFW (Bloomberg First Word)
Tickers
EDEL IN (Edelweiss Financial Services Ltd)
7177541Z IN (Ra Chem Pharma Ltd)
To de-activate this alert, click here
UUID: 7947283