--Crisil Reaffirms Ratings On Mahindra & Mahindra's Bank Facilities
M2 EquityBites › February 16, 2011
Linked as:
Summary
M2 EQUITYBITES-February 16, 2011--CRISIL reaffirms ratings on Mahindra & Mahindra's bank facilities
(C)1994-2011 M2 COMMUNICATIONS http://www.m2.comSee the full content of this document
Extract
--Crisil Reaffirms Ratings On Mahindra & Mahindra's Bank Facilities
16 February 2011 - Indian rating agency CRISIL yesterday reaffirmed the ratings on the bank facilities of Mahindra & Mahindra Ltd (BOM:500520) at AA+/P1+.
The agency issued the following press release:Rs.500 Million Working Capital Demand Loans AA+/Stable (Reaffirmed)Rs.3000 Million Commercial Paper Programme P1+ (Reaffirmed)Rs.3000 Million Short-Term Loan P1+ (Reaffirmed)Rs.2500 Million Bank Guarantee and Letter of Credit P1+ (Reaffirmed)CRISIL has reaffirmed its ratings on Mahindra & Mahindra Ltd's (M&M's) bank ...See the full content of this document
Sponsored links
