Suzlon subsidiary gets upgrade in rating for LT bank facilities

Capital Market 

From CARE

announced that CARE has upgraded the credit rating of SE Forge, wholly owned subsidiary of the Company, to BBB+ from BBB. The rating has been assigned to SE Forge's outstanding facilities. CARE has assigned A3+ rating to short term facilities (non fund based working capital) of SE Forge.

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First Published: Thu, September 21 2017. 13:37 IST