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Sandur Manganese & Iron Ores receives reaffirmation in credit ratings from ICRA

Business Finance

Capital Market 

Sandur Manganese & Iron Ores has received re-affirmation in credit ratings from ICRA as follows -

Fund-based Term Loan (Rs 400 crore) - ICRA A- (reaffirmed; outlook revised from Positive to Stable) Fund-based Working Capital Facilities (Rs 10 crore) - ICRA A- (reaffirmed; outlook revised from Positive to Stable) Non-fund-based Working Capital Facilities (Rs 60 crore) - ICRA A2+ (reaffirmed) Unallocated Facilities (Rs 130 crore)- ICRA A2+ (reaffirmed)

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

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First Published: Wed, May 13 2020. 10:42 IST