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Ashok Leyland receives credit ratings from CARE

Capital Market 

Ashok Leyland has received credit ratings from CARE as follows -

Long term bank facilities (Rs 500 crore) - CARE AA+; Negative (assigned) Long term/ short term bank facilities (Rs 3700 crore) - CARE AA+; Negative / CARE A1+ (reaffirmed/ outlook revised from Stable) Commercial paper (standalone) - CARE A1+ (reaffirmed)

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 25 2020. 10:29 IST
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