Others

Review of Credit Rating for Bank Facilities

| Updated on December 23, 2011 Published on December 23, 2011

Great Offshore Ltd has informed BSE that CRISIL Rating for bank facilities have been revised as under:

1. Facility : Long Term Loan (including proposed facility of Rs.2.98 Billion)
Rated Amount (Rs. in Billion) : 11.00
Prior Rating : CRISIL A/Negative
Revised Rating: CRISIL BBB+/Negative

2. Facility : Bank Guarantee / Letter of Credit (including proposed facility of Rs. 0.65 Billion)
Rated Amount (Rs. in Billion) : 2.50
Prior Rating : CRISIL A1
Revised Rating: CRISIL A2

3. Facility : Short Term Loan
Rated Amount (Rs. in Billion) : 1.50
Prior Rating : CRISIL A1
Revised Rating: CRISIL A2

Source : BSE - >www.bseindia.com

Published on December 23, 2011
This article is closed for comments.
Please Email the Editor