Mahindra & Mahindra receives reaffirmation in credit ratings
From CRISIL
Mahindra & Mahindra announced that CRISIL has reaffirmed ratings as under -
Total Bank Loan Facilities Rated Rs 1100 Crore
Long Term Rating - CRISIL AAA/Stable (Reaffirmed)
Short Term Rating - CRISIL A1+ (Reaffirmed)
Rs 475 Crore Non Convertible Debentures - CRISIL AAA/Stable (Reaffirmed)
Rs 500 Crore Non Convertible Debentures - CRISIL AAA/Stable (Reaffirmed)
Rs 1000 Crore Commercial Paper (Enhanced
from Rs. 500 Crore) -
CRISIL A1+ (Reaffirmed)
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First Published: Apr 09 2020 | 12:35 PM IST