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India Glycols gets upgradation in credit ratings

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Capital Market

From India Ratings & Research

India Glycols announced that India Ratings & Research (Ind-Ra) has upgraded the Company's Long-term Issuer Rating to 'IND A-' from 'IND BBB+' and the Outlook is stable. The instrument-wise ratings are as follows:

Fund-based Limit - IND A-/Stable/IND A2+ (Upgraded)
Non Fund based Limit - IND A2+ (Upgraded)
Term Loan - IND A-/Stable (Upgraded)

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First Published: Aug 16 2018 | 7:07 PM IST

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