Mahindra & Mahindra has received credit rating for various debt facilities of the company from ICRA as under -
Proposed Non-convertible Debenture Programme (Rs 1000 crore) - ICRA AAA (Stable); assigned
Non-convertible Debenture Programme (Rs 500 crore) - ICRA AAA (Stable); outstanding
Long-term, Fund-based Facilities (Rs 65 crore) - ICRA AAA (Stable); outstanding
Long-term, Non-fund Based Facilities (Rs 110 crore) - ICRA AAA (Stable); outstanding
Short-term, Non-fund Based Facilities (Rs 350 crore) - ICRA A1+; outstanding
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