CARE downgrades ratings for bank facilities of Future Consumer

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Capital Market
Last Updated : Oct 07 2020 | 11:50 AM IST
Future Consumer announced that CARE Ratings has revised the credit rating on 06 October 2020 for the bank facilities of the company as follows:

Long term bank facilities non-fund based CC (Rs 266 crore) - CARE D (revised from CARE C)

Short term bank facilities fund based (Rs 70 crore) - CARE D (revised from CARE A4)

Short term bank facilities non-fund based (Rs 25 crore) - CARE D (revised from CARE A4)

Long / short term bank facilities fund based (Rs 109 crore) - CARE D / CARE D (revised from CARE C/ CARE A4)

Long term bank facilities term loan (Rs 45.50 crore) - CARE D (revised from CARE C)

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First Published: Oct 07 2020 | 11:00 AM IST

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