Mumbai (Maharashtra) [India], April 17 (ANI): Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C' while revising the recovery rating to 'RR5' from 'RR4'.
Mumbai (Maharashtra) [India], Sep 5 (ANI): Acuite Ratings and Research has reaffirmed the long-term rating of C on Rs 200 crore proposed non-convertible debentures of Future Retail Ltd (FRL) and kept it on watch with developing implications.
Mumbai (Maharashtra) [India], Aug 29 (ANI): Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, on Saturday announced that it is acquiring the retail and wholesale business and the logistics and warehousing business from the Future Group as going concerns on