India Ratings downgrades HBL Power Systems’ long-term issuer rating to ‘BBB+’
The downgrade reflects the lower-than-expected improvement in the company’s credit profile in FY15
Credit rating agency — India Ratings and Research (Ind-Ra) — has downgraded HBL Power Systems’ long-term issuer rating to ‘BBB+’ from ‘A-’. The outlook is stable.
The downgrade reflects the lower-than-expected improvement in the company’s credit profile in FY15. The company’s partly…
India Ratings downgrades HBL Power Systems’ long-term issuer rating to ‘BBB+’
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