Hindustan Aeronautics receives upgrade in LT credit ratings

From ICRA

Hindustan Aeronautics has received revision in credit ratings from ICRA as under:

Long term fund based/ cash credit (Rs 10000 cr) - ICRA AAA; Stable (upgraded from ICRA AA+ and outlook revised to Stable from Positive)

Short term non fund based (Rs 2050 crore) - ICRA A1+ (reaffirmed)

Commercial paper issue (Rs 2050 crore) - ICRA A1+ (reffirmed)

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