Tube Investments of India
Investors
 
Tube Investments of India
Tube Investments of India Ltd.
Formerly TI Financial Holdings Ltd.
Credit Rating

Credit Rating of Company’s fund raising programmes
ICRA rating in respect of Company’s Line of Credit (January, 2018)

Facility Rated

Rs.1025 Crores Line of Credit.

[The aforesaid Line of Credit refers to/comprises of the Fund based facilities of Rs.525 Crores and Non-Fund based facilities of Rs.500 Crores availed/to be availed from Banks].

Rating Long-term rating of [ICRA]AA+ with stable outlook and Short-term rating of [ICRA]A1+

 

Facility Rated

Rs.525 Crores Commercial Paper programme.

Rating [ICRA]A1+

CRISIL rating in respect of Company’s bank loan facilities, non-convertible
Debentures (August, 2018)

Facility Rated

Rating

Bank loan facilities - Rs.700 Cr.
- Long-term rating
CRISIL AA+/Stable
- Short Term Rating CRISIL A1+
- Non-Convertible Debentures -
Rs.450 Cr.
CRISIL AA+/Stable
Commercial Paper - Rs.525 Cr. CRISIL A1+
 
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