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Fitch affirms SEW Infrastructure
Fitch Ratings said it affirmed SEW Infrastructure Ltd.'s national long-term rating at AA-(ind), along with its Rs.198 billion fund-based working capital limits at AA-(ind), Rs.15.11 billion non-fund based working capital limits at AA-(ind)/F1+(ind), Rs.287 million term loans at AA-(ind), Rs.500 million non-convertible debenture program at AA-(ind) and Rs.500 million commercial paper program at F1+(ind).
The agency also affirmed its Rs.576 million long-term loans at AA-(ind), Rs.1.52 billion short-term loans at F1+(ind) and Rs.3 billion non-fund based limits at AA-(ind)/F1+(ind).
The outlook is stable.
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