INDIA RATINGS: The Mobile Store Cut; Tata BlueScope Raised
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
7175029Z IN (Sri Durga Condev Pvt Ltd)
7559236Z IN (Tata Bluescope Steel Ltd)
Topics
First Word Credit Asia
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- The Mobile Store
- Long-term bank facilities cut to D from B+ at Care
- Cites continuous delays in servicing of debt obligation
- Sri Durga Condev
- LT bank facilities raised to BBB from BBB- at Crisil
- Cites healthy order book
- Sri Ravichandra Textiles
- LT bank facilities raised to B- from C at Crisil
- Expects the company to continue to service its debt obligation in a timely manner
- Tata BlueScope Steel
- Term loan raised to A+ from A from Care
- Cites improvement in profitability margins
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
7175029Z IN (Sri Durga Condev Pvt Ltd)
7559236Z IN (Tata Bluescope Steel Ltd)
Topics
First Word Credit Asia
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283