Mahindra Mahindra has received affirmation in credit ratings from ICRA as under Non convertible debenture programme Rs 1500 crore – ICRA AAA; Stable Fund based term loan Rs 800 crore – ICRA AAA; Stable Long term non fund based facilities Rs 4250 crore – ICRA AAA; Stable Short term non fund based facilities Rs 400 crore – ICRA A1 Commercial paper – ICRA A1 withdrawn
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