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ICRA upgrades rating of Indiabulls Housing Finance’s NCD programme

Credit rating agency ICRA has upgraded rating of Indiabulls Housing Finance’s Rs 200 crore non-convertible debenture (NCD) programme to ‘AAA’ from ‘AA+’. The outlook on the rating is ‘Stable’. The rating agency has also assigned the rating of ‘AAA (stable)’ to Rs 50,000 crore NCD programme and Rs 50,000 crore ... Read More »

ICRA upgrades rating of TV18 Broadcast’s long term bank facilities

Credit rating agency ICRA has upgraded rating of TV18 Broadcast’s long term bank facilities to ‘AAA’ from ‘AA+’ earlier. The rating agency has reaffirmed ‘A1+’ rating to the company’s short term bank facilities. Further, the rating agency has reaffirmed ‘A1+’ rating to the company’s Commercial Paper Programme worth Rs 400 ... Read More »

GE Shipping gets nod to raise Rs 150 crore on private placement basis

Great Eastern Shipping Company (GE Shipping) has received an approval to issue 1500 Unsecured Non-Convertible Debentures (NCDs) of Rs 10 lakh each aggregating to Rs 150 crore by way of private placement. The Debenture Issue Committee at its meeting held on May 23, 2017 has approved for the same. The ... Read More »