Anlon Healthcare Limited has informed the Exchange about Credit Rating- Others
AHCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Anlon Healthcare Limited announced that Brickwork Ratings has withdrawn credit ratings for its bank loan facilities of Rs.24.50 Crores and term loans of Rs.10.36 Crores. The withdrawal follows the company's closure of these debt facilities, supported by No Objection Certificates from Punjab National Bank. Prior to withdrawal, the rating was upgraded from BWR C (under 'Issuer not cooperating' status) to BWR BB+/Stable, then removed. The company had previously been on negative watch due to non-cooperation with the rating agency.
Positive for shareholders as the company successfully closed debt facilities and improved its credit profile before withdrawal, reducing financial risk.