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Hindustan Aeronautics gets downgrade in ratings for LT bank facilities

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Capital Market

From CARE

Hindustan Aeronautics announced that CARE has downgraded its ratings on the bank facilities of the company as follows -

Total bank Loan Facilities Rated Rs. 7300 crore
Long Term Rating - CARE AA+; Stable (revised from CARE AAA; Stable)
Short Term Rating - CARE A1 + (reaffirmed)

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First Published: Dec 26 2019 | 5:11 PM IST

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