TEXT-Fitch asgns 'BBB(ind)/F2(ind)' to Pooja Forge's bank loans


(The following statement was released by the ratings agency) April 29 - Fitch Ratings has today assigned India's Pooja Forge Limited (PFL) a 'BBB(ind)' National Long-term rating. At the same time, Fitch has assigned a rating of 'BBB(ind)' to PFL's term loans of INR139.9m, 'BBB(ind)/F2(ind)' ratings to its fund based working capital limits (amounting to INR280m) and 'BBB(ind)'/'F2(ind)' ratings to non-fund based working capital limits (amounting to INR90m). The Outlook is Stable. PFL's ...

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