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Mahindra & Mahindra receives reaffirmation in credit ratings from CRISIL

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Capital Market
Mahindra & Mahindra has received affirmation in credit ratings from CRISIL as under:

Total bank loan facilities rated - Rs 1350 crore
Long term rating - CRISIL AAA/ Stable
Short term rating - CRISIL A1+

Rs 475 crore non-convertible debentures - CRIISL AAA/Stable
Rs 500 crore non-convertible debentures - CRIISL AAA/Stable
Rs 500 crore non-convertible debentures - CRIISL AAA/Stable

Rs 1000 commercial paper - CRIISL A1+

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First Published: Jan 13 2022 | 9:47 AM IST

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