ICRA assigns`A1+` rating to DLF`s debt program

ICRA assigns`A1+` rating to DLF`s debt program

DLF informed that, ICRA assigned `A1+` rating to Rs 20 billion short-term debt / commercial paper program of the company.

Recently, there were reports that DLF Assets, promoted by DLF Group, is planning to list on Singapore`s Real Estate Investment Trust (REIT) next month.

After raising around USD 2 billion from the Indian market, the group is planning to raise similar amount in Singapore.

>DLF Assets is into real estate management and owns and operates special economic zones and infotech parks.  
 
Shares of the company declined Rs 0.65 , or 0.09%, to Rs 749.2. The total volu me of shares traded were 1,000,720 at the BSE.(11.54 am,Friday).

Leave a Reply