CARE revises rating for Noida Toll Bridge’s Deep Discount Bonds

30 Apr 2014

Credit rating agency, Credit Analysis & Research (CARE) has revised the rating for Noida Toll Bridge Company’s Deep Discount Bonds (DDBs) from ‘A+’ to ‘AA-‘.

Noida Toll Bridge is involved in operating the bridge, the revenues being generated mainly through the levy of toll charges on users of the bridge.

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