CREDIT RATING : CARE RATINGS - One of India’s Premier Credit Rating Agency

CARE assigns ‘BBB+’ & ‘PR2’ rating to Bank Loan Facilities of Surya Roshni Ltd. CARE assigns ‘A’ & ‘PR1’ rating to Bank Loan Facilities of Sharon Bio-Medicine Ltd. CARE assigns ‘AAA’ & ‘PR1+’ rating to Bank Loan Facilities of The Great Eastern Shipping Ltd. CARE assigns ‘BBB-’ rating to Bank Loan Facilities of Essar Steel Orissa Ltd. CARE assigns ‘BBB-’ & ‘PR2’ rating to Bank Loan Facilities of BLA Coke Pvt. Ltd. CARE assigns ‘BBB’ & ‘PR2’ rating to Bank Loan Facilities of Welspun Power & Steel Ltd. CARE assigns ‘PR1’ rating to STD/CP issue of Amar Remedies Ltd. CARE assigns ‘A+’ and ‘PR1+’ rating to Bank Loan Facilities of Amalgamated Bean Coffee Trading Company Ltd. & ‘PR1+’ rating to CP/STD programme. CARE assigns ‘PR1’ rating to CP/STD issue of PMT Machines Ltd. CARE assigns ‘BBB’ and ‘PR3+’ rating to Bank Loan Facilities of Ambuja Intermediates Pvt. Ltd.

Credit Analysis & Research Ltd. (CARE Ratings) is a full service rating company that offers a wide range of rating and grading services across sectors. CARE has an unparallel depth of expertise. CARE Ratings methodologies are in line with the best international practices.

CARE Ratings has completed over 3850 rating assignments having aggregate value of about Rs 8071 billion (as at December 2007), since its inception in April 1993. CARE is recognised by Securities and Exchange Board of India (Sebi), Government of India (GoI) and Reserve Bank of India (RBI) etc.

CARE has seven offices in India located at - Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Bangalore and Ahmedabad.

More >>