Housing & Urban Development Corporation gets revision in credit ratings
From CARE Ratings and ICRA
Housing & Urban Development Corporation has revised CARE Ratings and ICRA has assigned/ reaffirmed credit rating to the company's borrowing programme -Long term borrowing programme / bonds (Rs 40000 crore) - CARE AAA and ICRA AAA/ Stable
Commercial paper (Rs 8500 crore) - CARE A1+ and ICRA A1+
Long term / short term bank facilities (Rs 15000 crore) - CARE AAA/ Stable; CARE A1+ and ICRA AAA/ Stable; ICRA A1+
Fixed deposit programme (Rs 2000 crore) - CARE AAA(FD)/ Stable
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First Published: May 30 2018 | 12:00 PM IST