Piramal Enterprises gets revision in credit ratings

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From CARE and CRISIL
Piramal Enterprises announced that the company has received revision in credit ratings from CARE and CRISIL for various debt facilities as mentioned under -Non Convertible Debentures (Rs 100 crore) - CARE AA; Stable (Reaffirmed)
Inter Corporate Deposits (Rs 250 crore) - CARE A1+ (Assigned)
Long term Bank facilities (fund based Rs 550 crore) - CARE AA; Stable (Assigned)
Long term Bank facilities (Rupee term loans Rs 2525 crore) - CARE AA; Stable (Assigned)
Short term Bank facilities (fund based Rs 2675 crore) - CARE A1+ (Assigned)
Short term Bank facilities (non fund based Rs 250 crore) - CARE A1+ (Assigned)
Commercial Paper (Rs 12000 crore) - CARE A1+ (Reaffirmed) and CRISIL A1+ (Reaffirmed)
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First Published: Sep 18 2018 | 5:42 PM IST