CEAT gets revision in credit ratings

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Capital Market
Last Updated : Oct 04 2016 | 12:02 AM IST

From CARE

CEAT has received a ratings upgrade of one notch higher from CARE AA- to CARE AA from Credit Analysis and Research.

Long term bank facilities - CARE AA (revised from CARE AA-)
Short term bank facilities - CARE A1+ (reaffirmed)
Non Convertible Debentures - CARE AA (revised from CARE AA-)
Commercial Paper - CARE A1+ (reaffirmed)

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First Published: Oct 03 2016 | 2:28 PM IST

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