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Crisil assigns highest credit rating for Tata Motors loan receivables



Posted On : 2006-11-09 03:45:19( TIMEZONE : IST )

Crisil assigns highest credit rating for Tata Motors loan receivables

Crisil has assigned highest credit opinion for Tata Motors direct assignment of loan receivables as follows:

--------------------------------------------------------------------------------------------
Detail		Yield	Cash flows	Tenure#		Credit Opinion	Bank 
		terms	(Rs mn)		(months)				Guarantee
									(Rs mn)
------------------------------------------------------------------------------------------
Acquirer's	Fixed	3533.9		36		Credit Opinion	440.0
Share							equivalent to a
							rating of AAA(so)
Total			3533.9		36
--------------------------------------------------------------------------------------------

Source : Equity Bulls

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