TEXT-Fitch revises Sandhar's outlook to stable;affirms ratings

Newswire

(The following statement was released by the rating agency) Dec 21 - Fitch Ratings has revised the Outlook on India's Sandhar Technologies Limited's (Sandhar) to Stable from Positive while affirming its National Long-Term rating at 'Fitch A-(ind)'. A full rating breakdown is provided below. The Outlook revision reflects Fitch's expectation that Sandhar's consolidated financial leverage (adjusted debt/EBIDTAR) will deteriorate over the short- to medium-term from 2.0x in FY11 (FY10: 2.4x) on ...

Premium Content (PAID Subscription Required)

"TEXT-Fitch revises Sandhar's outlook to stable;affirms ratings" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×