Motherson Sumi Systems' subsidiary SMRP BV gets ratings assigned

By Fitch Ratings

Motherson Sumi Systems announced that Fitch Ratings ('Fitch') has rated outstanding secured bonds of SMRPBV at BBB- Samvardhana Motherson Automotive Systems Group B.V., Netherlands (SMRP BV), a subsidiary of the Company.

Furthermore, Fitch has also assigned a first time corporate rating of BB+ with a Positive outlook to SMRP BV.

Powered by Capital Market - Live News