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Godrej Properties gets reaffirmation of ratings for bank facilities

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Capital Market

FRom ICRA

Godrej Properties announced that ICRA has vide its letter dated 30 October 2015 upgraded GPL's long term rating for the Line of Credit from ICRA double A minus {[ICRA]AA-} to ICRA double A {[ICRA]AA} and reaffirmed the short term rating at ICRA A one plus {[ICRA]A1+} for an enhanced amount of Fund Based and Non Fund Bank Facilities of Rs. 2,000 crore.

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First Published: Nov 02 2015 | 9:56 AM IST

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