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PNC Infratech intimates of upgradation in credit ratings of subsidary

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Capital Market

From CARE

PNC Infratech announced that CARE has upgraded credit ratings on the bank facilities of its subsidiary, PNC Raebareli Highways as follows -

Long term bank facilities (Senior Debt) (Rs 628 crore) - CARE A- (CARE BBB)
Long term bank facilities (Subordinate Debt) (Rs 69.80) - CARE BBB+ (CARE BBB-)

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First Published: Apr 21 2016 | 10:53 AM IST

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