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Triveni Engineering and Industries receives revision in credit ratings

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Capital Market

From ICRA

Triveni Engineering and Industries has revised the credit ratings for bank facilities and commercial paper programme of the company as under:

Cash credit limits (long term) - ICRA AA- ; Positive (rating reaffirmed; outlook revised from Stable)

Term loans (long term) - ICRA AA- ; Positive (rating reaffirmed; outlook revised from Stable)

Letter of credit / bank guarantee limits (short term) - ICRA A1+ (reaffirmed)

Commercial paper programme - ICRA A1+ (reaffirmed)

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First Published: Apr 08 2021 | 4:18 PM IST

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