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Cox & Kings gets reaffirmation of ratings for CP and LT bank facilities

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Capital Market

From CARE

Cox & Kings announced that CARE has reaffirmed and enhanced the commercial paper issue carved out of sanctioned working capital limit of the Company from the existing Rs 1122 crore to Rs 1197 crore. The rating has been reaffirmed as CARE A1+.

CARE has also reaffirmed and enhanced the long term bank facilities of the Company from existing Rs 1246 crore to Rs 1321 crore. The rating has been reaffirmed as CARE AA.

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First Published: Apr 28 2017 | 3:45 PM IST

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