Srei Equipment Finance Ltd. Credit Ratings

19-June-2020
PARTICULARS CARE* ICRA BRICKWORK# ACUITE@
Long Term Banking facilities CARE A
Short Term Banking Facilities CARE A2+
Commercial Paper CARE A2+ BWR A1
Secured Redeemable NCDs CARE A BWR A+ Acuite A+
Subordinate Redeemable (Tier II) NCDs CARE A- BWR A+ Acuite A+
Perpetual Debentures Bonds CARE BBB+ BWR BBB+

* Credit watch with negative implication

# Outlook negative

@ Under rating watch with negative implications