--Ashok Leyland's Loans Get Higher Rating by Crisil

M2 Banking & Credit News › January 25, 2011

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BANKING AND CREDIT NEWS-January 25, 2011--Ashok Leyland's loans get higher rating by CRISIL

(C)2011 M2 COMMUNICATIONS http://www.m2.com

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--Ashok Leyland's Loans Get Higher Rating by Crisil

25 January 2011 - Indian rating agency CRISIL yesterday upgraded the outlook on AA- rated loans of Ashok Leyland Ltd (BOM:500477) to "positive" from "stable".

The agency issued the following press release:

Rs.1000 Million Long-Term Loans AA-/Positive (Reaffirmed; Outlook Revised from 'Stable')

Rs.500 Million Cash Credit Limit AA-/Positive (Reaffirmed; Outlook Revised from 'Stable')

Rs.5500 Million Wo...

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