Business Standard

Monday, December 23, 2024 | 06:03 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Mahindra & Mahindra receives ratings action from ICRA

Image

Capital Market
Mahindra & Mahindra has received reaffirmation in credit ratings from ICRA as under:

Non-convertible debentures (Rs 1500 crore) - ICRA AAA; Stable (reaffirmed)

Long term loans (Rs 1800 crore) - ICRA AAA; Stable (reaffirmed)

Long term fund based facilities (Rs 15.25 crore) - ICRA AAA; Stable (reaffirmed)

Long term non fund based facilities (Rs 57.50 crore) - ICRA AAA; Stable (reaffirmed)

Short term non fund based facilities (Rs 350 crore) - ICRA A1+ (reaffirmed)

Commercial paper (Rs 1000 crore)- ICRA A1+ (assigned)

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 14 2021 | 8:40 PM IST

Explore News