(ADPnews) - Sep 10, 2009 - Indian credit rating agency CRISIL said yesterday it assigned a rating of C to the INR 150 million (USD 3.1m/EUR 2.1m) cash credit limit of local iron company Hothur Traders 100% EOU.
The agency also assigned a rating of P4 to the company's INR 50 million bank guarantee limit.
As part of this rating exercise, CRISIL has combined the credit risk profiles of Hothur Ispat Pvt Ltd, Hothur Traders, Hothur Trader and Sharmeen Transport Company, collectively known as the Hothur group. This is because the entities are under a common management and have …
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