India Ratings and Research assigns rating to bank facilities of Wockhardt

Credit rating agency, India Ratings and Research has assigned Wockhardt’s proposed Rs 50 crore Commercial Paper (CP)/short-term debt programme a short-term rating of ‘A1+’.

Wockhardt is one of the few companies with end to end integrated capabilities for its products, starting with the manufacture of the oral and sterile API’s, the dose forms and marketing through wholly owned subsidiary in the US, enabling the company to capture maximum value.