ICRA assigns high credit quality rating to NTBCL

New Delhi, July 21 (UNI) Credit rating agency ICRA today assigned LAA (SO) rating to Rs 175 crore Bond Programme of Noida Toll Bridge Company Ltd (NTBCL).

ICRA gives this high credit-quality rating to long term debt instruments only. The SO rating is specific to the rated issue, its terms, and its structure.

NTBCL, a special purpose company, was formed for construction, operation and maintenance of a bridge across the river Yamuna connecting Delhi and Noida.

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