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HUDCO receives credit ratings from ICRA

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Capital Market
Housing & Urban Development Corporation has received credit ratings from ICRA as under:

Long term borrowing programme (FY2021-22) (Rs 15000 crore) - ICRA AAA; Stable (assigned)

Long term borrowing programme (Rs 37955 crore) - ICRA AAA; Stable (reaffirmed)

Commercial paper (Rs 10000 crore) - ICRA A1+ (reaffirmed)

Fixed deposit programme (Rs 50 crore) - MAAA; Stable (reaffirmed)

Long term / short term bank facilities (Rs 25000 crore) - ICRA AAA; Stable / ICRA A1+ (reaffirmed)

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First Published: Sep 28 2021 | 10:13 AM IST

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