From CARE
Aban Offshore announced that the Company has received the following revision in ratings from CARE:- Long term Bank Facilities - CARE BB - (Double B Minus). The earlier rating was CARE D (Single D).
- Long term /Short term Bank Facilities - CARE BB -/CARE A4 (Double B Minus/A Four). The earlier rating was CARE D (Single D).
- Cumulative Redeemable Preference Shares ratings have been reaffirmed at CARE C (Single C).
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