Tuesday, 17 April 2018
Ind-Ra assigns A1+ rating to Bamnipal Steel's short term borrowings
Tata Steel’s SPV floated for the acquisition of Bhushan Steel, Bamnipal Steel’s short term borrowings have been assigned ‘Provisional IND A1+’ rating by ratings agency India Ratings based on the probability that the SPV will receive financial support from parent Tata Steel, if needed.
You can read more here: Ind-Ra assigns A1+ rating to Bamnipal Steel's short term borrowings
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