Friday, January 22, 2010

TEXT-Fitch afrms BHEL bank loan Facilities at AAA(ind)/F1+(ind)

Fitch Ratings has today affirmed India-based Bharat Heavy Electricals Limited's (BHEL.BO: Quote, Profile, Research) (BHEL) National Long-term rating at 'AAA(ind)'. The Outlook is Stable. Fitch has also affirmed the ratings of BHEL's INR300bn non-fund based working capital limits at 'AAA(ind)'/'F1+(ind)' and assigned 'AAA(ind)'/'F1+(ind)' to its new INR100bn non-fund based limits. Fitch has also affirmed its INR1bn fund based working capital limits at 'AAA(ind)'.


complete article at:
http://in.reuters.com/article/domesticNews/idINWLB569220100122

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