TEXT-Fitch rates Jubilant Motors' additional bank limits

Newswire

(The following statement was released by the rating agency) Sept 30- Fitch Ratings has assigned India-based Jubilant Motors Private Limited's (JMPL) additional INR130m non-fund based working capital limit 'Fitch BBB-(ind)'/'Fitch A3(ind)' ratings. JMPL's outstanding ratings (including above) are as follows: - National Long-Term rating: 'Fitch BBB-(ind)' - INR115.6m term loan outstanding as on 31 March 2011: 'Fitch BBB-(ind)' - INR270m fund-based working capital limits: ...

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