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

Mon Aug 25, 2008 12:18pm IST
 
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August 25 (Reuters) - Below are the ratings awarded by Credit
Rating Information Service of India (CRISIL) for debentures
(PartI): RATINGS BEEN ISSUED AND UPDATED TILL AUGUST 22, 2008
----------------------------------------------------------------
 ------------------------------Company                        
Instrument                Rating      Amount    Movement
       (Rs.mln) ------                              
----------               ------      -------   --------- 3i
Infotech Ltd                      Term Loan                A-  
      5036    Assigned 3i Infotech Ltd                     
Proposed LT Bk Facilities A-            380     Assigned 3i
Infotech Ltd                      Term Loan                A-  
      5416    Reaffirmed 3i Infotech Ltd                    
 Cash Credit Limit        A-            82      Reaffirmed
Aarti Industries                     Cash Credit              A
         2600    Assigned Aarti Industries                  
  Rupee Term Loans         A             600     Assigned A and
M Publications                 Term-Loan Facility       A      
   200     Assigned ABB Ltd                             
Cash Credit Limit        AAA           5000    Assigned ABN
AMRO Asset Mgt. (I) Ltd          Capital Protection Fund 
AAA(so)               Assigned ABN AMRO Mutual Fund            
 ABN AMRO Money Plus Fund AAAf                  Assigned ACC
Ltd                              NCD                      AAA  
     1000    Upgraded ACC Ltd                             
Cash Credit              AAA           1500    Assigned Afcons
Infrastructure Ltd            Cash Credit Limit        AA-     
  2500    Assigned Afcons Infrastructure Ltd            Long
Term Loan           AA-           4000    Assigned Agro Tech
Foods                      Cash Credit              AA-        
       Assigned A.I.Enterprises                      Long
Term Loan           BBB           71      Assigned A
Infrastructure's                   Cash Credit Limit        BB+
       183     Assigned A Infrastructure's                  
WC Demand Loan           BB+           109     Assigned A
Infrastructure's                   FCNR(B)                  BB+
       78      Assigned A Infrastructure's                  
Overdraft                BB+           70      Assigned A
Infrastructure's                   Term Loan                BB+
       342.5   Assigned Ahmedabad Municipal Corp.           
TFBs-2004
                                  (Property & Octroi)     
A+            580     Revised Ahmedabad Municipal Corp.        
TFBs-2005
                                  (Property & Octroi)     
A+            1000    Revised Ahmedabad Municipal Corp.        
TFBs-2002(Property Tax)  AA (so)       1000    Revised AIG
Global Asset Mgt. Co. (I) Pvt.   AIG India Treasury       AAAf 
             Assigned
                                  Plus Fund AIG Global Asset
Mgt. Co. (I) Pvt.   AIG India Liquid Fund    AAAf              
Assigned Airports Authority of India          LT Borrowing  
       AAA           30000   Reaffirmed Ajwani
Infrastructure                Cash Credit              BBB     
  50      Assigned Ajwani Infrastructure               
Secured OD Facility      BBB           44.1    Assigned Ajwani
Infrastructure                Long Term Bank Facility  BBB     
  105.9   Assigned Alembic Ltd                          NCD 
                 AA-           750     Reaffirmed Alkem
Laboratories Ltd               Cash Credit              AA     
   1000    Reaffirmed Alkem Laboratories Ltd              
Export Packing Credit &
                                  Pre Shipment Credit     
AA            150     Reaffirmed Alkem Laboratories Ltd        
   Letter of Credit         AA            500     Reaffirmed
Alkyl Amines Chemicals Ltd           Cash Credit Limits      
BBB+          325     Assigned Alkyl Amines Chemicals Ltd      
 Corporate Loan           BBB+          45.8    Assigned
Alkyl Amines Chemicals Ltd           Term Loan               
BBB+          87      Assigned Allahabad Bank Ltd              
 Lower Tier II Bonds      AA            11000   Reaffirmed
Allahabad Bank Ltd                   Lower Tier II Bonds     
AA            6000    Assigned AM Marketing Ltd                
 Cash Credit              BBB-          65      Assigned
Amara Raja Batteries Ltd             Term Loans              
AA-           800     Assigned Amara Raja Batteries Ltd        
 Cash Credit Facilities   AA-           1500    Assigned
Amar Ujala Publications Ltd          Cash Credit Facility     A
         330     Assigned Amar Ujala Publications Ltd       
  NCD                      A             265     Reaffirmed
Amar Ujala Publications Ltd          Term Loan Facility       A
         670     Assigned Amaravathi Textiles               
  Long Term Loans          BBB           1035    Assigned
Amaravathi Textiles                  Cash Credit Limits      
BBB           165     Assigned Ambuja Cements Ltd              
 Proposed LT Bank
                                  Loan Facilities         
AAA           5000    Assigned Ambuja Cements Ltd              
 NCD                      AAA           150     Withdrawn
Ambuja Cements Ltd                   NCD                     
AAA           300     Withdrawn Andhra Pradesh State Fin. Corp.
Ltd  Bonds                    A(so)         500     Reaffirmed
Andhra Pradesh State Fin. Corp. Ltd  Bonds                   
A(so)         1500    Assigned Angelique International         
 Cash Credit/
                                  Bill discounting        
BBB           100     Assigned Angelique International         
 Cash Credit              BBB           80      Assigned
Anthem Biosciences Pvt Ltd           Cash Credit             
BBB-          42.5    Assigned Anthem Biosciences Pvt Ltd      
 LT Loan                  BBB-          200     Assigned API
ISPAT & Powertech                Cash Credit Limit        BBB- 
     167.5   Assigned API ISPAT & Powertech               
Term Loan                BBB-          734.9   Assigned Apollo
Gleneagles Hospitals          Cash Credit              BBB+    
  110     Assigned Apollo Gleneagles Hospitals          Term
Loan                BBB+          270     Assigned Apollo
Hospitals Enterprise Ltd      Cash Credit limits       AA-     
  120     Assigned Apollo Hospitals Enterprise Ltd      Term
loans               AA-           3030    Assigned Apollo
Hospitals Enterprise Ltd      NCD                      AA-     
  200     Withdrawn Apollo Hospitals Enterprise Ltd      NCD
                  AA-           250     Withdrawn Apollo
Hospitals Enterprise Ltd      NCD                      AA-     
  100     Withdrawn ARSS Infra Projects                 
Term Loan                BBB+          570.8   Assigned ARSS
Infra Projects                  Working Capital Loan     BBB+  
    180     Assigned ARSS Infra Projects                 
Bank Guarantee           BBB+          150     Assigned Arudra
Engineers Pvt Ltd             Cash Credit              BBB+    
  40      Assigned Arudra Engineers Pvt Ltd             Term
Loan                BBB+          7.07    Assigned Arvind Mills
Ltd                     Cash Credit Limit        BBB+         
2113.4  Reaffirmed Arvind Mills Ltd                     Export
Packing Credit    BBB+          5718.1  Reaffirmed Arvind Mills
Ltd                     Foreign Currency Loan    BBB+         
1619.5  Reaffirmed Arvind Mills Ltd                     Rupee
Term Loan          BBB+          10534.6 Enhanced Arvind
Products Ltd                  Working Capital
                                  Demand Loans            
BBB-          273     Reaffirmed Arvind Products Ltd           
   Export Packing Credit    BBB-          189     Reaffirmed
Arvind Products Ltd                  Foreign Currency Loan   
BBB-          240.9   Reaffirmed Arvind Products Ltd           
   Rupee Term Loan          BBB-          1207.3  Reaffirmed
Arvind Products Ltd                  Cash Credit Limit       
BBB-          288     Enhanced Aryan Ispat & Power             
 Cash Credit              A-            75      Assigned
Aryan Ispat & Power                  Term Loan               
A-            1050    Assigned Aryan Coal Beneficiations       
 Cash Credit              A             355     Assigned
Aryan Coal Beneficiations            Term Loan                A
         1981.9  Assigned Ashok Leyland Ltd                 
  NCD (Series AL 9(A))
          50      Withdrawn 

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