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Patel Integrated Logistics gets reaffirmation in credit ratings

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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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First Published: Aug 13 2019 | 7:53 PM IST

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