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Hindustan Aeronautics receives revision in credit ratings from ICRA

Capital Market 

Hindustan Aeronautics has received revision in credit ratings from ICRA as under:

Long term fund based / cash credit (Rs 10000 crore) - ICRA AA+; Upgrade from ICRA AA and outlook revised to Positive from Stable.

Short term non-fund based (Rs 2050 crore) - ICRA A1+; Reaffirmed

Commercial paper issue (Rs 2500 crore) - ICRA A1+; Reaffirmed

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, April 28 2021. 17:08 IST