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27th November 2017, 02:40 PM
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Join Date: Aug 2012
Re: Steel Authority Of India Limited Credit Rating

I will let you know more about Credit Analysis & Research Limited, Care AA+ Rating to the Proposed Long-Term Bond Programe-IV of Steel Authority of India Limited so that you can go through it easily.

Here telling you some information

Instruments Amount (Rs. crore)
Proposed Long-term Bond Programme-IV 2,000 (Rupees Two Thousand crore only)

Short-term CP/ICD Programme 8,000 (Rupees Eight Thousand crore only)

Rating Rationale
The ratings of Steel Authority of India (SAIL) continues to derive strength from the majority ownership by Government of India (GoI) in SAIL, its established position as one of the largest integrated steel producers in India with captive iron ore mines, geographical diversity of sales with strong marketing network and healthy cash and bank balance.

The ratings also continue to factor in SAILs comfortable capital structure and its healthy mix of value-added product.


Care AA+ Rating to the Proposed Long-Term Bond Programe-IV of Steel Authority of India Limited





Address:-
Credit Analysis & Research Limited
4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022

Phone:-
+91-22-6754 3456


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