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Bharat Heavy Electricals Ltd. - Announcement under Regulation 30 (LODR)-Credit Rating

| Updated on February 15, 2019 Published on February 15, 2019

Ind-Ra has assigned the following ratings to BHEL:

Commercial Paper (CP)* - Issue size Rs. 4000 crs. - IND A1+ (Highest)

* Carved out of existing working capital facilities; CP yet to be issued

The rating agency has also informed the outstanding instruments wise rating as under:

Fund based working capital limit - Rs. 6000.00 crs (increased from Rs. 5000 crs) - IND AA+ / Stable / IND A1+

Non Fund based working capital limit - Rs. 54000.00 crs (increased from Rs. 5000 crs) - IND AA+ / Stable / IND A1+

Pdf Link: Bharat Heavy Electricals Ltd. - Announcement under Regulation 30 (LODR)-Credit Rating

Source : BSE - www.bseindia.com

Published on February 15, 2019
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