Endurance Technologies announced that CRISIL has upgraded the long-term rating for bank credit facilities and reaffirmed the short-term rating for bank credit facilities / Commercial Papers (CPs) of the Company. The credit ratings for availing credit facilities from banks and issuance of CPs by the Company, are as under:
Aggregate amount of bank credit facilities rated - Rs. 918.03 crore
Aggregate amount of CPs rated - Rs. 100.00 crore
Long-Term Rating for bank credit facilities - CRISIL AA+/Stable (upgraded from CRISIL
AA/Positive)
Short-Term Rating for bank credit facilities /CPs - CRISIL A1+ (Reaffirmed)
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