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Aarvee Denims & Exports gets assignment of credit ratings for bank loan facilities

Capital Market 

From Brickwork Ratings India

& announced that it has been assigned to the Company from Brickwork Ratings for Loan facilities of the Company aggregating Rs 315 crore.

Cash Credit (Rs 200.50 crore) Long Term - BWR A- / Outlook Stable

Pre Shipment Financing (Rs 71.50 crore) Long Term - BWR A- / Outlook Stable

Letter Of Credit (Rs 43 crore) Short Term - BWR A2+

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)