TEXT-Fitch afrms Pantaloon Retail India at 'Fitch A-(ind)'/stbl

Newswire

(The following statement was released by the rating agency) Oct 31- Fitch Ratings has affirmed Pantaloon Retail (India) Ltd.'s (PRIL) National Long-Term rating at 'Fitch A-(ind)'. The Outlook is Stable. A list of additional rating actions is provided at the end of this commentary. The ratings reflect PRIL's leadership position in India's organised retail sector with an area of 15.3m square feet (sq ft), over 14 years management experience, a large focus on value retail (FY11 (end-June ...

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