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Long-term debt programs of Indian firms rated by FITCH:Part II

Mon Nov 9, 2009 10:16am IST
 
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Polycab Cables Pvt. Ltd.             NLTR                    
A-(ind)               Assigned Polycab Wires Pvt. Ltd.         
 NLTR                     A+(ind)               Assigned
Polycab Wires Pvt. Ltd.              Cash Credit             
A+(ind)       500     Assigned Polycab Wires Pvt. Ltd.         
 FB Working Capital       A+(ind)       5100    Assigned
Polycab Wires Industries             NLTR                    
BBB(ind)              Assigned Polycab Wires Industries        
 Cash Credit              BBB(ind)      300     Assigned
Polycab Wires Industries Pvt. Ltd.   NLTR                    
BBB(ind)              Assigned Polycab Wires Industries Pvt.
Ltd.   Cash Credit              BBB(ind)      300     Assigned
Polycab Wires Pvt. Ltd.              Fund Based WC Limit     
A+(ind)/ F1(ind)       5100    Assigned Pooja Forge Ltd.       
          NLTR                     BBB(ind)             
Assigned Pooja Forge Ltd.                     Term Loans       
    BBB(ind)      139.9   Assigned Pooja Forge Ltd.         
        FB Working Capital       BBB(ind) /F2(ind)      280 
Assigned Pooja Forge Ltd.                     NFB Working
Capital      BBB(ind) /F2(ind)      90      Assigned Power Fin.
Corp. Ltd.                Issuer Rating            AAA(ind)    
      Reaffirmed Power Fin. Corp. Ltd.                LT
FCIDR                 BBB-                  Reaffirmed
Precision Automation & Robotics
 India Ltd.                          NLTR                    
A-(ind)               Assigned Precision Automation & Robotics
 India Ltd.                          Term Loans              
A-(ind)       249     Assigned Precision Automation & Robotics
 India Ltd.                          Fund Based WC Limits    
A-(ind)       478.7   Assigned Precision Automation & Robotics
 India Ltd.                                                  
F1(ind)       1079.9  Assigned Punjab National Bank            
 LT Issuer Rating         BBB-                  Assigned
Punjab National Bank                 Support Rating Floor    
BBB-                  Assigned Punjab National Bank            
 LT Rating                AAA(ind)              Assigned
Punjab National Bank                 Subor. Lower Tier II    
AAA(ind)              Assigned Punjab National Bank            
 Indivisdual Rating       C/D                   Assigned
Punjab State Co-op Milk Producers    National LT rating      
BBB(ind)              Assigned Punjab State Co-op Milk
Producers    Fund Based Limit         BBB(ind)             
Assigned Puravankara Projects Ltd             National LT
Issuer Rating BBB(ind)              Downgraded Puravankara
Projects Ltd             LT Debt                  BBB(ind)     
5000    Downgraded QH Talbros Ltd.                      NLTR   
              BBB(ind)              Assigned QH Talbros Ltd.
                  O/S Term Loans           BBB(ind)     
209.08  Assigned QH Talbros Ltd.                      FBL      
            BBB(ind) /F3(ind)      370     Assigned QH
Talbros Ltd.                      NFBL                    
BBB(ind) /F3(ind)      202     Assigned Quippo Telecom
Infrastructure        NLTR                     BBB-(ind)       
  Assigned Quippo Telecom Infrastructure        LT Loans    
         BBB-(ind)             Assigned Quippo Telecom
Infrastructure        Fund Based WC Limits     BBB-(ind)
/F3(ind)              Assigned Quippo Telecom Infrastructure   
 Non-Fund Based WC Limits BBB-(ind) /F3(ind)             
Assigned Rain Commodities Ltd                 NLTR             
    A-(ind)               Assigned Rain Commodities Ltd     
        LT Bank Loan             A-(ind)       2854   
Assigned Rain Commodities Ltd                 Cash Credit      
    A-(ind)       80      Assigned Raj Royan Ltd.           
        NLTR                     BB-(ind)             
Downgraded Raj Royan Ltd.                       LT Bank Loans  
      BB-(ind)      653     Downgraded Raj Royan Ltd.       
            Cash Credit              BB-(ind)      500    
Downgraded
----------------------------------------------------------------
 ----------------------------- (Mumbai Rate Reporting Unit, +91
22 6636 9222, rru.data@reuters.com) 

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