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

Capital Market

From Brickwork Ratings India

Aarvee Denims & Exports announced that it has been assigned to the Company from Brickwork Ratings India for Bank 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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First Published: Nov 29 2016 | 5:08 PM IST

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