Don’t miss the latest developments in business and finance.

Steel Authority of India gets revision in credit ratings

Image
Capital Market
Last Updated : Jan 04 2017 | 12:02 AM IST

From CARE

Steel Authority of India has received revision in credit ratings from CARE as follows -

Long term bond programme-I (Rs 4323 crore) - CARE AA; Negative (Revised from CARE AA+)

Long term bond programme-II (Rs 3000 crore) - CARE AA; Negative (Revised from CARE AA+)

Long term bond programme-III (Rs 6000 crore) - CARE AA; Negative (Revised from CARE AA+)

Long term bond programme-IV (Rs 2000 crore) - CARE AA; Negative (Revised from CARE AA+)

Proposed long term bond programme-V (Rs 2000 crore) - CARE AA; Negative (Assigned)

Also Read

Proposed long term Public Deposit programme (Rs 1000 crore) - CARE AA'; Negative (Revised from CARE AA+)

Short term CP/ CD programme (Rs 8000 crore) - CARE A1+ (Reaffirmed).

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 03 2017 | 1:08 PM IST

Next Story