S&P Global Ratings revised outlook on Samvardhana Motherson Group to positive and affirmed at "BB+" (Local Currency LT) credit rating

June 15, 2017 - CBonds

 

S&P Global Ratings affirmed the "BB+" Local Currency LT credit rating of Samvardhana Motherson Group on June 14, 2017. At the same time the rating agency revised outlook to positive from stable.
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Issuer: Samvardhana Motherson Group
Issuer profile:
The Samvardhana Motherson Group is a focused, dynamic and progressive Group providing customers with value added products, services and innovative solutions. The Group has a diversified product ra... more
Outstanding issues:
Issuer rating:
S&P Global RatingsBB+/PositiveForeign Currency LT06/14/2017
S&P Global RatingsBB+/PositiveLocal Currency LT06/14/2017