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GMM Pfaudler receives reaffirmation in ratings for bank loan facilities

GMM Pfaudler announced that CRISIL has removed the Ratings from Watch with Developing Implications .
It has reaffirmed the rating of the bank facilities/debt instruments of the Company and assigned an outlook to the long -term rating as under:
Total Bank Loan Facilities Rated Rs. 200 crore (enhanced from Rs. 100 crore)
Long Term Rating - CRISIL AA-/ Stable
Short Term Rating - CRISIL A1+
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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Escorts receives revision in credit ratings from CRISIL

Escorts receives revision in credit ratings from CRISIL
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Indus Towers receives credit ratings from CRISIL

Indus Towers (formerly known as Bharti Infratel) announced that after the
amalgamation of erstwhile Indus Towers with the company (formerly Bharti Infratel) and at the request of the company, CRISIL has migrated its ratings of erstwhile Indus Towers to the company.
The following credit rating assigned have been assigned to the company on 18 December 2020:
Total Bank Loan Facilities Rated Rs.11500 crore
Long Term Rating - CRISIL AA+ (Continues on Rating Watch with Negative
Implications )
Short Term Rating - CRISIL A1+ (Reaffirmed)
Rs.2500 crore Bond CRISIL AA+ (Continues on Rating Watch with Negative Implications )
Rs.6000 crore Commercial Paper CRISIL A1+ (Reaffirmed) ....

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Mahindra & Mahindra receives reaffirmation in credit ratings

Total Bank Loan Facilities Rated Rs. 1,350 Crore
Long Term Rating - CRISIL AAA/Stable (Reaffirmed)
Short Term Rating - CRISIL A1+ (Reaffirmed)
Rs. 475 Crore Non Convertible Debentures - CRISIL AAA/Stable (Reaffirmed)
Rs. 500 Crore Non Convertible Debentures - CRISIL AAA/Stable (Reaffirmed)
Rs. 500 Crore Non Convertible Debentures - CRISIL AAA/Stable (Reaffirmed)
Rs. 1000 Crore Commercial Paper - CRISIL A1+ (Reaffirmed)
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(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 the ....

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