Sandur Manganese & Iron Ores gets assigned credit ratings for various facilities

Capital Market 

From CRISIL

Sandur Manganese & Iron Ores announced that CRISIL has assigned credit ratings as under -

Term loan (Rs 400 crore) - CRISIL A-/Stable
Letter of credit (Rs 20 crore) - CRISIL A2+
Bank guarantee (Rs 40 crore) - CRISIL A2+
Cash credit and working capital demand loan (Rs 10 crore) - CRISIL A-/Stable

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First Published: Fri, June 01 2018. 11:33 IST