Long-term debt programs of Indian firms rated by ICRA: PART I
September 1 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating Agency on long-term debt issues, including debentures and bonds, of Indian companies.( PART I) RATINGS BEEN ISSUED AND UPDATED TILL AUGUST 29, 2008 ---------------------------------------------------------------- ------------------------------Company
Instrument Rating Amount Movement
(Rs.mln) ------ ---------- ------ ------- --------- Aarti International Ltd FBL LBBB+
2320 Assigned ABN AMRO Securities (I) LTD
LAAA 4000 Assigned Action Ispat & Power Ltd. Term Loans LBBB-
22500 Assigned ACC Ltd. LTD
LAA+ 6000 Reaffirmed Adani Wilmar Limited Fund Based Limits LBBB
1280 Assigned Adarsh Developers Line of Credit crLBBB 4500 Assigned Aditya Birla Retail Limited Long Term Loan LA-
7300 Assigned Aditya Birla Retail Limited Fund based WC Facilities LA- 1480 Assigned Afcons Infrastructure Ltd Bank Guarantee facilities LAA
19000 Assigned Afcons Infrastructure Ltd Term Loans LAA- 4000 Assigned Afcons Infrastructure Ltd Working Capital limits LAA-
2500 Assigned AIG Global Asset Mgt Co (I) Pvt Ltd AIG Short Term Fund mfAAA Assigned AIG Global Inv. Group Mutual Fund AIG Short Term Fund mfAAA
Reaffirmed Akums Drugs and Pharmaceuticals Ltd Term Loans LBBB+ 576.2 Assigned Akums Drugs and Pharmaceuticals Ltd FB/Non FB WC facilities LBBB+ 460 Assigned Andhra Pradesh Ind Dev. Corpn. Ltd. Bonds
LA(SO) 300 Withdrawn Anugraha Valve Castings Ltd. FBL LBBB 30
Assigned Anugraha Valve Castings Ltd. Term loans
LBBB 242.4 Assigned Archies Ltd.
FBL LA 180 Assigned Archies Ltd. Non-FBL
LA 35 Assigned Ashok Leyland Ltd
LTD LAA 1000 Assigned Ashok Leyland Ltd FBL
LAA 6000 Assigned B. Seenaiah & Co. Projects Ltd. LTD LA 133.3 Assigned B. Seenaiah & Co. Projects Ltd. LTD
LA 200 Reaffirmed B. Seenaiah & Co. Projects Ltd. Term Loans LA 1880 Assigned B. Seenaiah & Co. Projects Ltd. Fund based limits LA 600 Assigned B. Seenaiah & Co. Projects Ltd. Non-fund based limits LA 1145 Assigned Bajaj Auto Fin. Ltd. NCD
LAA+# 5000 Bajaj Auto Fin. Ltd. NCD LAA+# 875 Bajaj Auto Fin. Ltd. NCD LAA+# 2500 Bajaj Auto Fin. Ltd. NCD
LAA+# 2625 Bajaj Motors Ltd. Long Term Loans LA 150 Assigned Bajaj Motors Ltd. Cash Credit Facilities LA 150 Assigned Balrampur Chini Mills Ltd. LTD
LA+ 8410 Assigned Balrampur Chini Mills Ltd. FBL LA+ 6200 Assigned Balrampur Chini Mills Ltd. NCD
LA+ 300 Reaffirmed Bank lines of Adani Power Ltd Term Loans - LT scale LBBB 8116 Assigned Bank lines of Adani Power Ltd Non FBL - LT scale LBBB 2860 Assigned Bank of America - loan sec prgm Series A - IO PTCs LAAA(SO) 102.98 Assigned Bank of America - loan sec prgm Series A - PO PTCs LAAA(SO) 650 Assigned Bank of America - loan sec prgm Series B - IO PTCs LAAA(SO) 15.84 Assigned Bank of America - loan sec prgm Series B - PO PTCs LAAA(SO) 100 Assigned Bank of Baroda
Lower Tier II Bond LAAA 10000 Assigned Bank of Baroda Subordinated Bond LAAA 30090 Reaffirmed Bank of Baroda Subordinated Bond LAAA
27000 Reaffirmed Bank of India Lower Tier II bonds LAA+ Assigned Bank of India Perpetual Bonds LAA
6580 Assigned Bank of India Upper Tier II Bonds LAA 13370 Assigned Bank of Rajasthan Lower Tier II bonds LA-
500 Assigned Bank of Rajasthan Tier II bonds LA- 1200 Reaffirmed Bank of Rajasthan Upper Tier II Bonds LBBB+
620 Reaffirmed Bata India Ltd. Bank Lines of Credit LAA- 1150 Assigned Bharat Bijlee Ltd. LT Bank Limits LAA
Assigned Bharat Earth Movers Ltd. Issuer rating IrAAA Assigned Bharat Electronics Ltd FBL LAAA
2000 Assigned Bharat Forge Ltd. Fund Based Bank Limits LAA 7000 Assigned Bharat Forge Ltd. Term Loans LAA 900 Assigned Bharat Sanchar Nigam Ltd. LTD
LAAA Reaffirmed Bharat Seats Ltd LT Loans LA- 28 Assigned Bharat Seats Ltd Cash credit facilities LA- 60 Assigned Bharti Airtel Ltd. FBL LAAA
25000 Assigned Bharti Airtel Ltd. NCD
LAAA 500 Reaffirmed BHW Home Finance Ltd. NCD LAA+
1250 Upgraded BHW Home Finance Ltd. NCD
LAA+ Reaffirmed BHW Home Finance Ltd. NCD LAA+
2500 Assigned BHW Home Finance Ltd. LT Bank Limit LAA+ 12320 Assigned BHW Home Finance Ltd. NCD LAA+
2000 Assigned BHW Home Finance Ltd. Subordinate Debt Program LAA+ 50 Assigned BHW Home Finance Ltd. NCD LAA+
370 Assigned BHW Home Finance Ltd. LT Bk Limits Program LAA+ 123.2 Assigned Bihar Tubes Ltd. Fund Based Limits LA-
880 Assigned Birla Sunlife Mutual fund Birla Cash Plus Fund mfA1+ Reaffirmed Birla Sunlife Mutual fund Birla Floating Rate-ST mfAAA
Reaffirmed Birla Sunlife Mutual fund Birla Floating Rate-LT mfAAA Reaffirmed BOB Housing Fin. Ltd. NCD LAA+%
200 Bongaigaon Refinery & Petrochem FBL
LAA 4750 Assigned C.Mahendra Exports Ltd. Long Term Loans LBBB 431.8 Assigned C.Mahendra Exports Ltd. Fund Based Limits LBBB 1300 Assigned Cadila Pharmaceuticals Ltd FBL-working capital LA-
1200 Assigned Cadila Pharmaceuticals Ltd BG
LA- 70 Assigned Cadila Pharmaceuticals Ltd Term Loans LA-
3400 Assigned Canara Bank Infrastructure Bonds LAAA 10000 Reaffirmed Canara Bank Lower Tier II Bond LAAA 30130 Reaffirmed Canara Bank
Lower Tier II Bonds LAAA 7000 Reaffirmed Canara Bank Lower Tier II bonds LAAA 4000 Reaffirmed Canara Bank
Subordinate Bonds LAAA 5750 Assigned Canara Robeco Asset Mgt Co Ltd Canara Robeco Monthly
Interval Scheme mfA1+ Assigned Canbank Inv. Management Serv. Ltd. Can Liquidplus Scheme mfAAA Assigned Canara Robeco Liquid Fund Credit Risk Rating mfA1+ Reaffirmed Canara Robeco Liquid Fund
Credit Risk Rating mfA1+ Reaffirmed
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