Transcription of Press Release MEP Infrastructure Developers Limited
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Press Release MEP Infrastructure Developers Limited
1 CARE Ratings Limited Press Release MEP Infrastructure Developers Limited April 06, 2018 Ratings Facilities Amount (Rs. crore) Rating1 Rating Action Long-term Bank Facilities (Fund Based) CARE BBB-; Stable [Triple B Minus; Outlook: Stable] Reaffirmed Long / Short -term Bank Facilities (Non-fund based) CARE BBB-; Stable/ CARE A3 [Triple B Minus; Outlook: Stable/ A Three] Reaffirmed Total Facilities (Rs. Eight hundred and Ninety One crore only) Details of instruments/facilities in Annexure-1 Detailed Rationale & Key rating drivers The reaffirmation of ratings assigned to bank facilities of MEP Infrastructure Developers Limited (MEP) continues to derive strength from well established & experienced promoters having proven track record in execution of toll collection projects, geographical diversification in toll collection projects, achievement of first milestone in three HAM projects and successfully raising of crore through capita
1 CARE Ratings Limited Press Release MEP Infrastructure Developers Limited April 06, 2018 Ratings Facilities Amount (Rs. crore) Rating1 …
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