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Motherson Sumi Systems' subsidiary SMRP BV gets ratings assigned

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Capital Market

By Fitch Ratings

Motherson Sumi Systems announced that Fitch Ratings ('Fitch') has rated outstanding secured bonds of SMRPBV at BBB- Samvardhana Motherson Automotive Systems Group B.V., Netherlands (SMRP BV), a subsidiary of the Company.

Furthermore, Fitch has also assigned a first time corporate rating of BB+ with a Positive outlook to SMRP BV.

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First Published: Jun 16 2017 | 8:10 PM IST

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