CARE reaffirms AA rating to Trent’s non convertible debentures

15 Dec 2011 Evaluate

Credit rating agency, CARE has reaffirmed AA rating to Trent’s non convertible debentures amounting to Rs 100 crore, Rs 50 crore and Rs 75 crore issued on a private placement basis listed on National Stock Exchange of India.

It has also reaffirmed AA rating to company’s long term bank facilities of Rs 80.74 crore and A1+ rating for its short term facilities of Rs 18 crore.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.

Trent Share Price

6829.00 -265.45 (-3.74%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3408.50
Aditya Birla Fashion 282.25
Trent 6829.00
Vishal Mega Mart 101.11
Electronics Mart Ind 170.05
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