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

PEC Ltd LT FBL
A(ind) 1020 Assigned Petronet LNG Ltd.

NLTR AA(ind) Reaffirmed
Phillips Carbon Black Ltd NLTIR
A(ind) Assigned Phillips Carbon Black Ltd

Existing LT bank loans A(ind) 1469.7 Assigned
Phillips Carbon Black Ltd FBL working capital
A(ind) 1450 Assigned Phorotech Surfin Pvt. Ltd.

NLTR BB+(ind) Assigned
Phorotech Surfin Pvt. Ltd. LT Loans
BB+(ind) 35.7 Assigned Phorotech Surfin Pvt. Ltd.

FB Cash Credit Limits BB+(ind) 20 Assigned
Pimpri Chinchwad Municipal Corp. NLTR
AA-(ind) Assigned Polycab Cables

NLTR A- Assigned
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 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 Rashtriya Ispat Nigam Ltd. National Issuer
Rating AA(ind) Assigned Rashtriya Ispat Nigam
Ltd. Fund Based Working AA(ind)

Capital Banking Limits
/F1+(ind) 5153.5 Assigned Rashtriya Ispat Nigam Ltd.

Non-Fund Based Facilities AA(ind) 24600 Assigned
Rashmi Cement Ltd National LT Rating
BB+(ind) Assigned Rashmi Cement Ltd

Outstanding LT Debt BB+(ind) 137.2 Assigned
Rashmi Cement Ltd Cash Credit Limit
BB+(ind) 1045 Assigned Rashmi Metaliks Ltd

National LT Rating BB+(ind) Assigned
Rashmi Metaliks Ltd Outstanding LT Debt
BB+(ind) 790.3 Assigned Rashmi Metaliks Ltd

Cash Credit Limit BB+(ind) 1560 Assigned
Raychem RPG NLTR
A+(ind) Reaffirmed Raychem RPG

LT Bank Loan A+(ind) 444.9 Reaffirmed
Raychem RPG Fund Based WC Limits
A+(ind)/ 875 Reaffirmed F1(ind) 875
Reaffirmed RMBS Trust Series VIII PTC Series A

AAA(ind) Assigned RB Loan Trust Series VI

SeriesA BBB(ind) 1002.9
Downgraded RB Loan Trust Series VII SeriesA1(IO)

BBB(ind) 24.9 Downgraded RB Loan Trust Series
VI SeriesA2(PO) BBB(ind) 518.2
Downgraded
----------------------------------------------------------------
-----------------------------#: Rating Watch with Developing
implications @: Rating Watch with Negative Implications %:
Rating under Credit Watch wd -Rating Stands Withdrawn sp
-Rating Suspended CCPS-Cumulative Convertible Preference Share;
CPS-convertible preference shares; DDB-Deep Discount Bond;
EPBI-Exchange premium bond; FRB/FRN-Floating Rate Bond/Note;
FRD-floating rate debentures; MOCD-multiple option convertible
debenture; MTN-medium term notes; NCB- non-convertible bond;
NCD(SO)-Non Convertible Debenture-(Structured Obligation);
NCD-Non- Convertible Debenture; NCRB-Non Convertible Redeemable
Bonds; NM-Not Meaningful; OCD- optionally convertible
debenture; OFCD-Optionally Fully Convertible Debenture; PCD-
Partially Convertible Debenture; PCN-partly convertible notes;
POCD-partly optional convertible debentures; PP-privately
placed; PS-Preference Shares; PTC-Pass Through Certificates;
RPS-Redeemable Preference Shares; SCPN-secured convertible
preference notes;