CRISIL updates on credit ratings of Suzlon Energy Ltd

CRISIL has assigned its 'CRISIL BBB-/Stable/CRISIL A3' ratings to the debt facilities of Suzlon Energy Limited.

Total bank loan facilities rated# - Rs.8521 Crores (# Of this, Rs.4053 Crores is proposed facility (term loan and non-fund based limits), which shall be used to refinance the existing debt.)

Long-term rating - CRISIL BBB-/Stable (assigned)

Short-term rating - CRISIL A3 (assigned)

Shares of Suzlon Energy Limited was last trading in BSE at Rs. 11.16 as compared to the previous close of Rs. 11.31. The total number of shares traded during the day was 8560377 in over 4858 trades.

The stock hit an intraday high of Rs. 11.67 and intraday low of 11.11. The net turnover during the day was Rs. 96830568.00.

Source : Equity Bulls

Keywords

SuzlonEnergy INE040H01021 CreditRating RatingUpdate CRISIL DebtFacilities