From CARE and Brickwork Ratings
Dewan Housing Finance Corporation announced that Credit Analysis and Research ('CARE Ratings') have reaffirmed its ratings of CARE AAA (Triple A) and has enhanced the amount from Rs. 4000 crore to Rs. 14,000 Crore which covers the Company's proposed public issue of Secured Redeemable Non-Convertible Debentures of up to Rs. 2,000 crore alongwith a green shoe option of upto Rs. 8,000 crore (NCD Issue), in one or more tranches, as approved by the Board of Directors of the Company at its meeting held on 17 August 2016. Brickwork Ratings India Private ('Brickwork Ratings') has also reaffirmed its ratings of BWR AAA (Pronounced as BWR Triple A), Outlook : Stable, for the said NCD Issue.Powered by Capital Market - Live News
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