Future Consumer receives revision in credit ratings from CARE

Future Consumer has received revision in credit ratings from CARE as under -

Non-Convertible Debentures (Rs 20 crore) - CARE D (Revised from CARE BB; Rating removed from credit watch with developing implications)

Long-term Bank Facilities (Fund-based Rs 266 crore) - CARE C (Revised from CARE BB; Rating removed from credit watch with developing implications)

Short-term Bank Facilities (Fund-based Rs 70 crore) - CARE A4 (Reaffirmed; Rating removed from credit watch with developing implications)

Short-term Bank Facilities (Non fund-based Rs 25 crore) - CARE A4 (Reaffirmed; Rating removed from credit watch with developing implications)

Long/Short-term Bank Facilities (Fund-based Rs 109 crore) - CARE C/ CARE A4 (Revised from CARE BB/ CARE A4)

 

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