Srei Equipment Finance Ltd. Credit Ratings

12-Sep-2019
PARTICULARS CARE* ICRA BRICKWORK# ACUITE@
Long Term Banking facilities CARE A+
Short Term Banking Facilities CARE A1
Commercial Paper CARE A1 BWR A1
Secured Redeemable NCDs CARE A+ BWR A+ Acuite AA-
Subordinate Redeemable (Tier II) NCDs CARE A BWR A+ Acuite AA-
Perpetual Debentures Bonds CARE A- BWR BBB+

* Credit watch with negative implication

# Outlook negative

@ Under rating watch with negative implications