India's top Credit rating agency ICRA has assigned A rating to real estate company DLFs 3 financing facilities including 2 bank facilities & a non-convertible debenture program.
The 2 bank facilities are worth Rs. 11,056 crore and Rs.1,776 crore through fund based & nonfund based facilities.The NCD program is worth Rs.4,000.
According to DLF Ltd spokesperson, all of these 3 instruments are existing financing facilities & are being re-rated. As on December 31, 2011 the DLF Ltd debt stood a t Rs. 22,758 crore.
The 2 bank facilities are worth Rs. 11,056 crore and Rs.1,776 crore through fund based & nonfund based facilities.The NCD program is worth Rs.4,000.
According to DLF Ltd spokesperson, all of these 3 instruments are existing financing facilities & are being re-rated. As on December 31, 2011 the DLF Ltd debt stood a t Rs. 22,758 crore.
No comments:
Post a Comment