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

30 Apr 2014 Evaluate

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.

Peers
Company Name CMP
Larsen & Toubro 4042.10
Kalpataru Projects 1372.65
NCC 122.45
Rail Vikas Nigam 193.50
KEC International 329.80
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