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Mercator gets revision in credit ratings

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Capital Market
Last Updated : Sep 20 2017 | 7:01 PM IST

From CARE

Mercator announced that CARE has revised the Company's rating for long term bank facilities / NCDs to CARE BBB+. The rating for short term bank facilities remains unchanged at CARE A3+. The rating denotes Stable Outlook. The rating is revised from CARE BBB (under credit watch with developing implications) and removed from credit watch.

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First Published: Sep 20 2017 | 6:48 PM IST

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