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Home First Finance Company India receives affirmation in credit ratings

Capital Market 

Home First Finance Company India announced that based on the rating assessment undertaken by ICRA, the outlook of the Company's long term credit ratings has been revised from [ICRA] A+ 'Stable' to [ICRA]A+ 'Positive' while reaffirming the existing ratings:

Term loan (Rs 3500 crore) - ICRA A+; Positive (rating reaffirmed; outlook revised from Stable )

NCD programme (Rs 400 crore) - ICRA A+; Positive (rating reaffirmed; outlook revised from Stable )

Commercial paper programme (Rs 100 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: Thu, November 25 2021. 10:08 IST