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Surya Roshni gets ratings assigned for commercial paper issue

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Capital Market
Last Updated : Oct 23 2017 | 12:02 AM IST

From CARE

Surya Roshni announced that CARE has assigned dual ratings for its Commercial Paper Programme of Rs. 325 crore. CARE Ratings has assigned Credit Ratings of Commercial Paper Programme of Surya Roshni to CARE A1+ (SO) for Rs. 305 Crores on the credit enhancement in the form of Stand by Letter of Credit (SBLC) issued by State Bank of India, Punjab National Bank, Canara Bank and HDFC Bank and to CARE A1( SO) for Rs. 20 Crores on the credit enhancement in the form of SBLC issued by IDBI Bank.

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First Published: Oct 21 2017 | 11:03 PM IST

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