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Sobha receives credit ratings from India Ratings and Research

Sobha receives credit ratings from India Ratings and Research

November 25, 2021 5:53 IST | capital market
Sobha announced that India Ratings and Research has assigned the following ratings to the company:

Term loan - IND AA-/Stable
Fund based working capital limits - IND AA-/Stable / IND A1+
Non fund based working capital limits - IND AA-/Stable/ IND A1+
Proposed non-convertible debentures - IND AA-/Stable / IND A1+

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The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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