You are here: Home » News-CM » Companies » News
Business Standard

Surya Roshni receives reaffirmation in credit rating for CP program

Capital Market 

Surya Roshni announced that ICRA Ratings has reaffirmed Credit Rating to ICRA A1+(CE) for Rs. 200 crore SBLC backed Commercial Paper Program of Surya Roshni (on the credit enhancement by its bankers).

The rating factored in the payment mechanism designed to ensure payment of the rated CPs as per the terms of the transaction.

Powered by Capital Market - Live News

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

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, April 29 2021. 19:50 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU