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Sambandam Spinning Mills gets revision in credit ratings

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Capital Market

From CRISIL

Sambandam Spinning Mills announced that the credit rating for bank facilities and fixed deposits have been revised by CRISIL Rating Agency as under -

Long term bank facilities - CRISIL BB-/ Stable (Upgraded from CRISIL B+/Stable)

Short term bank facilities - CRISIL A4+ (Upgraded from CRISIL A4)
Fixed Deposits - FB+/ Stable (Rating retained)

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First Published: Jul 25 2017 | 7:49 PM IST

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