PNC Infratech announced that CARE Ratings has revised the credit ratings on the bank facilities of the following two subsidiary companies as under -
PNC Delhi Industrialinfra
Long term bank facilities - CARE A-; Stable (revised from CARE BBB+; Stable)
PNC Raebareli Highways
Long term bank facilities (senior debt) - CARE AA; Stable (reaffirmed)
Long term bank facilities (subordinate debt) - CARE AA-; Stable (reaffirmed)
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