|
Poonawalla Fincorp Ltd. has announced reaffirmations and several assignments from CARE Ratings Limited and CARE Ratings Ltd. regarding its various debt instruments, including Long-term / Short-term bank facilities (Rs 100.00), Long-term bank facilities (Rs 40,020.00), Short-term bank facilities (Rs 200.00), Perpetual Debt (Rs 1,579.10), Subordinate debt (Rs 1,860.00), Market linked debentures (Rs 250.00), Non-convertible debentures (Rs 13,740.90), Commercial paper (Rs 7,500.00), and Subordinated debt (Rs 600.00), all carrying ratings of CARE AAA; Stable or CARE A1+ except for Perpetual Debt rated CARE AA+; Stable. Additionally, CARE Ratings Limited has withdrawn ratings on specific Non-convertible debentures (ISIN INE511C07813, INE511C07797, INE511C07904) and Perpetual debt (ISIN INE511C08951, INE511C08969) due to their redemption, while also assigning ratings to newly issued instruments and enhancing the Long-term bank facilities from Rs 27,520.00 to Rs 40,020.00.
|