-ICRA withdraws rating on HPL Socomec's loans.
M2 EQUITYBITES-January 20, 2011--ICRA withdraws rating on HPL Socomec's loans(C)2011 M2 COMMUNICATIONS http://www.m2.com
20 January 2011 - ICRA yesterday removed the LBBB rating assigned to the long-term loans and fund based limits of HPL Socomec Pvt Ltd.
The agency issued the following press release:
ICRA has withdrawn the "LBBB" (pronounced as L triple B) rating assigned to long term loans and fund based limits and the "A3+" (pronounced as A three plus) rating assigned to the non fund based limits of HPL Socomec Private Limited at the request of the company+. The ratings were placed on notice for withdrawal in September 2010.
((Comments on this story may be sent to email@example.com)).END.PUB430>PDJanuary 20, 2011>JNM2 EQUITYBITES.PRICEDATENOT APPLICABLE.DAY
|Printer friendly Cite/link Email Feedback|
|Publication:||M2 EquityBites (EQB)|
|Date:||Jan 20, 2011|
|Previous Article:||-Bank lines of ASA Intl India Microfinance put on "developing" watch by ICRA.|
|Next Article:||-Magnum Steels' LBB rating by ICRA remains unchanged.|