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Corporate Announcement
  • Security Code500251
    CompanyTRENT LTD.
    Exchange Received Time06/09/2017 16:46:54
    Exchange Disseminated Time06/09/2017 16:46:58
    Time Taken00:00:04
     
     
     Updates | 09/06/17 16:46 
     We hereby inform that the Company has issued and allotted Commercial Paper of an amount of ?100 Crores. The proceeds will primarily be used to refinance upcoming repayments.

    As intimated earlier vide our letter dated 4th September 2017, Credit Analysis & Research Limited has assigned a credit rating of 'CARE A1+' to the said instrument. Instruments with CARE A1 rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk. The modifier {"+" (plus)} reflect the comparative standing within the category.
    		 
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