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Long-term debt programs of Indian firms rated by CARE:Part I

Tue Sep 22, 2009 10:24am IST
 
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Garden Silk Mills Ltd                Bank Facilities         
A+/PR1+      11072.8 Assigned Garden Silk Mills Ltd            
NCD                      A+           500     Assigned
Garware Polyester Limited            LT Bank Facilities       
BBB         3441.3  Assigned Garware Offshores Services Ltd.   
  LT Bank Facilities       AA-          4646.1  Reaffirmed
Garware Offshores Services Ltd.      LT/ST Bank Facilties    
AA-/Pr1+     2769    Reaffirmed GATI Ltd.                      
  LT Bank Facilities       A+           3169.8  Reaffirmed
Gautami Power Ltd.                   LT Bank Facility        
BBB-                 Assigned Gorakhpur Infrastructure Company
Ltd Bank Facilities          BBB+         5754.3  Assigned IBH
Loan Trust-orig by GE Capital    PTC                     
AA(SO)       700     Withdrawn GEI Industrial Systems Ltd.     
 LT Bank Loans            A-                   Assigned
General Insurance Corp. of India     Claims Paying Ability   
AAA(In)      -       Reaffirmed Gennova BioPharmaceuticals Ltd.
  LT Bank Facility         A                    Assigned
Gennova BioPharmaceuticals Ltd.      LT Bank Facility        
BB                   Assigned Gemscab Industries Ltd.          
LT Facilities            BBB                  Downgraded
Gitanjali Exports Corporation Ltd.   FBL                     
A-           2950    Assigned Gitanjali Exports Corporation
Ltd.   Non FBL                  A-/PR2+      1600    Assigned
Gitanjali Gems Ltd                   NCD                     
A+           1500    Assigned Gitanjali Gems Ltd.              
FBL                      A            6350    Assigned
Gitanjali Gems Ltd.                  Non FBL                 
A/PR1        3300    Assigned Gili India Ltd                   
LT Bank Facilities       A+ (SO)              Assigned GMMCO
Ltd                            LT Bank Loan Facilities  AA     
          Assigned GMR Infrastructure Ltd.              NCD 
                 AA(so)       650     Reaffirmed Global
trade Finance                 Subordinated Debt        AAA     
 400     Reaffirmed Globus Spirits Ltd                   IPO
Grading              IPO Grade 3  -       Assigned Globus
Spirits Ltd                   LT Bank Facilities       BBB+    
 191     Retained Globus Spirits Ltd                   ST
Bank Facilities       BBB+/PR2+    20      Retained Goa
Formulations Ltd.                Secured Term Loans       BBB- 
    100     Assigned Goa Formulations Ltd.               
FBL                      BBB-         38      Assigned Goa
Formulations Ltd.                NFBL                     BBB- 
    15      Assigned Godawari Power & Ispat Ltd.          LT
Bank Facility         A            3223.6  Reaffirmed Godhani
Gems                         LT Bank Facilities       BBB-     
1680    Downgraded Gopi Synthetics Pvt Ltd              Bank
Facilities          BB/PR4       452     Assigned Government of
Kerala                 Debt Programme           BBB            
  Reaffirmed Government Of maharashtra            Bond      
           BBB+                 Reaffirmed GPT Infraprojects
Ltd                Bank Facilities          BBB+         2066.5
 Assigned Grabal Alok Impex Ltd.               LT Bank Facility
     A-                   Reaffirmed Grasim Industries Ltd. 
          Long Term Bank Facilities AAA                 
Assigned Grasim Industries Ltd.               LTD              
    AAA          20000   Reaffirmed Grabal Alok Impex Ltd   
         Fund based               A            300    
Assigned Grabal Alok Impex Ltd                Non fund based   
    A/PR1        295     Assigned Grabal Alok Impex Ltd     
       Term Loan                A/PR1        2525   
Assigned Grabal Alok Impex Ltd.               LT Bank
Facilities       A                    Assigned Grasim Bhiwani
Textiles              LT Bank Facility         AAA(so)      367
 Assigned Grasim Industries Ltd.               LT Bank
Facilities       AAA          39892   Reaffirmed Grasim
Industries Ltd.               NCD                      AAA     
 20000   Reaffirmed Gremach Infrastructure Equipment    
Bank Facilities          BBB+         795     Assigned Green
Delhi BQS Ltd.                 Term Loan                BB(SO) 
  465     Reaffirmed Green Delhi BQS Ltd.                
Fund Based Limit         BB(SO)       200     Reaffirmed Green
Delhi BQS Ltd.                 Non Fund Based Limit     BB(SO) 
  100     Reaffirmed Great Eastern Shipping Ltd.         
Long Term Bank Facilities AAA                  Assigned Greater
Visakhapatnam Municipal Corp Bonds                    AA-(so)  
1000    Assigned Greater Visakhapatnam Municipal Corp Bonds 
               AA-(so)      650     Reaffirmed GTL Ltd.     
                    Non fund based           A-/PR2+     
25000   Assigned GTL Ltd.                             LT Loans 
            A-           1500    Reaffirmed Gujarat
Embroideries Ltd.            LT Bank Facilities       BB+      
110.8   Assigned Gujrarat JHM Hotels Ltd.             LT
Bank Facility         BBB          325.4   Assigned Gujarat NRE
Coke Ltd.                NCD                      AA-         
1000    Enhanced Gujarat NRE Coke Ltd.                LT Bank
Facilities       AA-                  Assigned Gujarat Road &
Infrastructure Co.Ltd LT Bank Facilities       BBB-         778
 Assigned Gujarat State Petronet Ltd.          LT Bank
Facilities       AA           11808.2 Reaffirmed Gujarat State
Petronet Ltd.          o/s LT Bank Loans        AA          
9638.2  Reaffirmed Gujarat State Petronet Ltd.          Term
Loans               AA           2170    Withdrawn Gujarat
State Road Transport Corp.   Bonds(Ser.I)             BBB(SO)  
1400    Withdrawn Gujarat Polyfilms Pvt. Ltd.          LT
Bank Facilities       BB+          795.3   Assigned Gujarat
State Fertilizers & Chem Ltd LT Bank Facilities       AA       
4650    Reaffirmed Gulshan Polyols Ltd.                 LT
Bank Facility         A-                   Reaffirmed Gupta
Metallics and Power Ltd        LT Bank Facilities       BB+    
  1544.5  Reaffirmed Guwahati Carbon Ltd.                 LT
Bank Facilities       BBB          100     Assigned GVK
Industries Ltd.                  LT Bank Facility         BBB  
            Assigned Gwalior Bypass Project Ltd           LT
Bk Loan Facility      BBB          650     Assigned Gwalior
Bypass Project Ltd           LT Bk Loan Facility      BBB      
1750    Assigned G4S Security Services Ltd.           LT
Facility              AA-                  Assigned 
Construction workers work at a site as the sun sets in Chandigarh in this December 2006 file photo. REUTERS/Ajay Verma
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