Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for English Indian Clays Ltd. > News item |
Fitch affirms English Indian
Fitch Ratings said it affirmed English Indian Clays Ltd.'s national long-term rating at A(ind), along with the A(ind) rating on its Rs. 898 million long-term bank loans, enhanced from Rs. 762.5 million, A(ind)/F1(ind) rating on its Rs. 500 million fund-based working capital limits, reduced from Rs. 525 million and A(ind)/F1(ind) on its Rs. 125 million non-fund based working capital limits.
The outlook is stable.
The company recorded revenues of Rs. 2.66 billion with an operating EBITDA of Rs. 540 million in the nine months that ended 2011.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.