IRB Infrastructure Developers receives revision in ratings outlook
From India Ratings and Research
IRB Infrastructure Developers announced the India Ratings and Research has revised the company's outlook from Negative to Positive while affirming its Long-Term Issuer Rating at 'IND A+'. The instrument-wise rating actions are as follows:
Non fund based bank facilities (Rs 1200 crore) - IND A+/ Positive / IND A1+
Non convertible debenture (Rs 400 crore) - IND A+/ Positive
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