Hot Pursuit
Jindal Hotels Ltd announced that Acuite Ratings & Research Limited has assigned a rating of ACUITE BBB- with a stable outlook to its Bank Loan Facilities amounting to Rs 50.00 Crore, as well as to its Bank Loan of 50.00, Dropline Overdraft of 15.00, Term Loan of 29.48, Term Loan of 4.29, and Proposed Long Term Bank Facility of 1.23, all also rated ACUITE BBB- with a stable outlook and assigned by Acuite; the rating agencies Acuite, MCA, RBI, and SEBI did not provide ratings for any other instruments, including Debentures/ Preference share, Fixed Deposits, Inter Corporate Deposits/Loans, Listed PTCs / Securitisation Notes, Listed Commercial Paper and NCDs, External Commercial Borrowings, Certificates of Deposit, Fixed Deposits raised by NBFCs, HFCs, FIs, Listed Security Receipts, Unlisted Security Receipts, Issuer Ratings, Credit Ratings for Capital Protection Oriented Schemes, Credit quality ratings, Expected Loss Ratings, or Bonds/Debentures/Preference Shares.