Simplex Infrastructures gets revision in credit ratings

From CARE

Simplex Infrastructures has received revision in credit ratings from CARE as under -

Long term bank facilities (Rs 2624.40 crore) - CARE A-;Stable (Revised from CARE A; Stable)

Long / short term bank facilities (Rs 7900 crore) - CARE A-; Stable/ CARE A2+ (Revised from CARE A; Stable/ CARE A1)

Commercial paper issue (Rs 650 crore) - CARE A2+ (Revised from CARE A1)

Non convertible debenture issue (Rs 525 crore) - CARE A-; Stable (Revised from CARE A; Stable)

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