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Surya Roshni receives reaffirmation in credit rating for CP program

Surya Roshni announced that ICRA Ratings has reaffirmed Credit Rating to ICRA A1+(CE) for Rs. 200 crore SBLC backed Commercial Paper Program of Surya Roshni (on the credit enhancement by its bankers). The rating factored in the payment mechanism designed to ensure payment of the rated CPs as per the terms of the transaction. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news,

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