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Rico Auto Industries gets revision in credit ratings

Capital Market 

From India Ratings and Research

Rico Auto Industries has received revision in credit ratings from India Ratings and Research as under -

Term Loan - IND A/ Negative (affirmed; outlook revised)
Working capital limits - IND A/ Negative / IND A1 (affirmed; outlook revised)
Non fund based working capital limits - IND A / Negative/ IND A1 (affirmed; outlook revised)
Term loan / letter of credit - IND A/ Negative (affirmed; outlook revised)

Proposed term loan/ letter of credit - Provisional IND A / Negative (affirmed; outlook revised)

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

First Published: Fri, August 23 2019. 12:42 IST
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