India's CRISIL ups Tata Motors bonds to 'AA+'

Newswire

BOMBAY, Sept 29 (Reuters) - Indian rating agency CRISIL Ltd. said on Wednesday it had upgraded the non-convertible debenture issues of Tata Motors Ltd. to 'AA+/stable' from 'AA/stable', a rise within the high safety grade. The agency cited significant improvement in the company's financial risk profile as a reason for the upgrade, and said it was expected to be sustained in the medium term. "This improvement is aided by the stronger-than-expected performance of the commercial vehicle ...

Premium Content (PAID Subscription Required)

"India's CRISIL ups Tata Motors bonds to 'AA+'" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 11, 2016
Video
WardsAuto

Hyundai Plug-In Hybrid EV -- 2016 Award Acceptance

Hyundai accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×