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Patel Integrated Logistics gets reaffirmation in credit ratings

Capital Market 

From India Ratings and Research

Patel Integrated Logistics announced that India Ratings and Research has reaffirmed long term credit rating ''IND BBB' [outlook stable] for Company's fund based borrowings, finance lease and term loan and 'IND A3+' [outlook stable] rating for its non fund based borrowings from the banks.

India Ratings has also affirmed credit rating 'IND tA-' (Stable) for its Fixed Deposit Programme.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 13 2019. 19:53 IST
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