CRISIL Withdraws Aeroflex Neu Credit Rating

Rating JunkCredit & Debt View source PDF

AERONEU · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.8%1-day move

₹87.95

prior close

₹88.99

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.9———+0.8-0.2+3.5-3.4-4.9-0.8————

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AI summary

CRISIL has withdrawn credit ratings on Aeroflex Neu Rs 36 crore bank loan facilities at company request with no-objection from bankers. Previous ratings were BB/Stable long-term and A4+ short-term. BB is below investment grade.

Likely market impact

Voluntary withdrawal but prior rating was speculative grade, may raise borrowing costs