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Cox & Kings gets revision in credit ratings from CARE

Capital Market 

Cox & Kings has received revision in credit ratings from CARE as under -

Issuer rating - CARE C (Is) (Revised from CARE BB (Is); Stable) Long term facilities (Rs 1760 crore) - CARE C (Revised from CARE BB; Stable) Non convertible debentures (Rs 250 crore) - CARE D (Revised from CARE BB; Stable) Commercial paper issue (Rs 375 crore)- CARE D (Reaffirmed) Commercial paper issue (Rs 1685 crore) - CARE A4 (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: Thu, July 11 2019. 09:51 IST
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