INDIA RATINGS: Reliance Infrastructure Cut; ENN ENN Raised
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
RELI IN (Reliance Infrastructure Ltd)
9156355Z IN (Deepak Novochem Technologies Ltd)
6589004Z IN (Nelito Systems Ltd)
Topics
First Word Credit Asia
India Macro News
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- Ami Estates
- Long-term bank facilities cut to B+ from BB at Crisil
- Cites delay in project implementation
- Nelito Systems
- LT bank facilities cut to BBB+ from A- at Crisil
- Cites change to more diffused holding structure
- Reliance Infrastructure
- LT bank facilities, NCD cut to A- from A+ at Care
- Cites delay in proposed debt reduction plan of the company
- Deepak Novochem
- LT bank facilities raised to BBB from BBB- at Care
- Cites growth in total operating income
- ENN ENN Corp
- Term loan raised to BBB from BBB- at India Ratings
- Expects substantial improvement in revenue
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
RELI IN (Reliance Infrastructure Ltd)
9156355Z IN (Deepak Novochem Technologies Ltd)
6589004Z IN (Nelito Systems Ltd)
Topics
First Word Credit Asia
India Macro News
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283