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ITD Cementation India gets reaffirmation of ratings for bank facilities and CP issue

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Capital Market

From CARE

ITD Cementation India announced the reaffirmation of ratings for bank facilities and commercial papers by Credit Analysis & Research on 19 November 2015 -

Bank facilities (Rs 3900 crore)
Fund Based LT Cash Credit (Rs 800 crore) CARE A- (Reaffirmed)
Fund Based LT Term Loan (Rs 100 crore) CARE A- (Reaffirmed)
Non Fund Based ST LC/BG (Rs 3000 crore) CARE A1 (Reaffirmed)

Commercial Paper Issue (Rs 200 crore) CARE A1 (Reaffirmed)

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First Published: Nov 24 2015 | 10:39 AM IST

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