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Can Fin Homes gets an upgrade of Long-Term Issuer Rating

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Capital Market

From Ind-Ra

Can Fin Homes announced that India Ratings & Research (Ind-Ra) has upgraded its Long-Term Issuer Rating to 'IND AAA' from 'IND AA+' with a Stable Outlook.

The above Rating agency has also assigned 'IND AAA' ratings on the Company's proposed issue of Secured Redeemable Non-convertible Debentures upto an amount of Rs. 2,500 crore and the proposed issue of Tier-II Subordinated Bonds aggregating to Rs. 300 crore.

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First Published: Oct 13 2014 | 9:42 AM IST

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