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Welspun Enterprises gets assigned credit ratings for proposed NCD issue

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Capital Market 

From Brickwork Ratings

Welspun Enterprises announced that Brickwork Ratings India Private has assigned BWR AA- (Stable) for the proposed NCD Issue of Rs. 175 crore and the same shall form part of Total Debt (comprising of Sanctioned Debt and proposed Bank Term Loan/Working Capital Term Debt) rated earlier at BWR AA- (Stable).

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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: Mon, May 11 2020. 15:46 IST