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Triveni Engineering and Industries gets revision in rating for bank facilities and ST debt programme

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Capital Market

FRom ICRA

Triveni Engineering and Industries has received revision in credit ratings for bank facilities and commercial paper/ short term debt programme of the Company from ICRA.

Fund based limits (Rs 1258.50 crore) - Upgraded to ICRA A (Stable) from ICRA A- (Positive)

Term loans (Rs 334.90 crore) - Upgraded to ICRA A (Stable) from ICRA A- (Positive)

Non fund based limits (Rs 327.94 crore) - Upgraded to ICRA A1 from ICRA A2+

Commercial Paper / Short Term debt programme - Upgraded to ICRA A1 from ICRA A2+

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First Published: Jun 29 2016 | 1:22 PM IST

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