Sammaan Capital receives upgrade in credit ratings of LT debt programme Back

Sammaan Capital announced that CARE Ratings has upgraded the credit rating assigned to the long-term debt programme of Sammaan Capital by two notches to ‘CARE AA+; Stable'. <p> Further, the rating assigned to the Commercial Paper and Short-Term Non-Convertible Debentures of the Company has been reaffirmed at ‘CARE A1+'. Also CARE Ratings has upgraded the rating assigned to the Company's perpetual debt instruments to ‘CARE AA/Stable' from ‘CARE A+'.