Credit rating agency, Credit Analysis & Research (CARE) has assigned ‘AA’ rating for fresh limit of Rs 50 crore to Capital First’s Perpetual Debt Issue.
Separately, Brickwork Rating (BWR) has assigned ‘AA’ rating with stable outlook for a fresh limit of Rs 50 crore to the company’s Perpetual Debt Issue.
Additionally, BWR has revalidated ‘AA+’ with stable outlook for the company’s Non Convertible Debenture (NCD) Issue for an amount of Rs 450 crore out which unutilized limit is Rs 250 crore and also BWR has assigned ‘AA+’ rating with stable outlook for a fresh limit of Rs 250 crore to the company’s Secured NCD Issue.