MoneyWorks4Me

CARE upgrades rating of B&A’s bank facilities

22 Jul 2015 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has upgraded rating of B&A’s long term bank facilities to ‘BBB+’ from ‘BBB’.

B&A is engaged in the manufacture and marketing of tea and black tea. The company has its own tea plantation and owns 7 tea estates.

Peers