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CRISIL assigns ‘A1+’ rating to proposed short term debt issue of Edelweiss Financial

12 Dec 2017 Evaluate

Credit rating agency, CRISIL has assigned the rating of ‘A1+’ to the proposed short term debt issue aggregating to Rs 5000 crore of Edelweiss Financial Services. The rating agency has also assigned ‘A1+’ rating to the proposed short term debt issue aggregating to Rs 3000 crore of the company.

Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.

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