Business Standard

Satin Creditcare Network gets revision in credit ratings

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Capital Market

From CARE

Satin Creditcare Network has received received revision in credit ratings from CARE.

Long term bank facilities (Rs 2200 crore) - CARE A- (Revised from CARE BBB+)

Preference share capital (Rs 25 crore) - CARE BBB+ [RPS] (Revised from CARE BBB[RPS])

Non Convertible Debentures (Rs 452 crore) - CARE A- (Revised from CARE BBB+)

Non Convertible Debentures (subordinated debt) (Rs 21 crore) - CARE BBB+ (Revised from CARE BBB)

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First Published: Oct 22 2016 | 4:38 PM IST

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