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-CARE ends CP/short-term debt rating of Gannon Dunkerley.

BANKING AND CREDIT NEWS-December 20, 2010--CARE ends CP/short-term debt rating of Gannon Dunkerley(C)2010 M2 COMMUNICATIONS http://www.m2.com

20 December 2010 - CARE today pulled its short-term debt rating on civil engineering and construction firm Gannon Dunkerley & Co Ltd.

The agency issued the following press release:

CARE has withdrawn the rating assigned to commercial paper /short term debt issue aggregating to Rs. 25 crore (carved out of the sanctioned working capital limits) of Gannon Dunkerley & Co. Ltd with immediate effect, as there is no amount outstanding with respect to the same.

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Publication:M2 Banking & Credit News (BCN)
Date:Dec 20, 2010
Words:105
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