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Finolex Cables receives reaffirmation in credit ratings from CRISIL

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Capital Market
Finolex Cables has received reaffirmation in credit ratings from CRISIL as under -

Total Bank Loan Facilities Rated (Working Capital) Rs.450 crore
Long-Term Rating - CRISIL AA+/Stable (Reaffirmed) Short-Term Rating - CRISIL Al + (Reaffirmed)

Rs.150 crore Non-Convertible Debentures - CRISIL AA+/Stable (Reaffirmed)
Rs.50 crore Short Term Debt - CRISIL A1+ (Reaffirmed)

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First Published: Jun 01 2020 | 10:26 AM IST

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