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Bharat Electronics gets reaffirmation of credit ratings

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Capital Market

From ICRA

Bharat Electronics announced that ICRA has reaffirmed the following credit ratings for the year 2018-19 -

Long term rating of ICRA AAA to Rs 500 crore fund based limits of credit and fund based limit (term loan) of Rs 100 crores.

Short term rating of ICRA A1+ to Rs 3500 crore non fund based limits of credit.

Short term rating of ICRA A1+ to Rs 5 crore commercial paper.

The outlook on the long term rating is 'Stable'.

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First Published: Feb 22 2018 | 6:44 PM IST

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