Thursday, April 24, 2008

Tata Motor ‘ AA+ ‘ rtg on negative watch on focused discussions with ford motor - Crisil

MUMBAI, January. 7, 2008 (Thomson financial supplied of Newstex) — Indian evaluations agency Crisil its evaluations on inconvertible certificate of indebtedness program Tata set Motor for Ltd. and cash credit service on negative watch after US enormous ford motor (NYSE:F PHOTO RECEPTORS) (NYSE:F PRA) (NYSE:F), CO said is it in focused discussions with Indian the car manufacturer to discuss the possible sale Jaguar-und land vagabond units Die agency has its ‘ AA+ ‘ evaluation to die 0,50 inconvertible delimitation of the emission of a loan of the Rupien bln companys and 40-des bln the Rupie cash credit on negative watch set Die evaluations on the debt Kw_shortbezeichnung companys to program and non-financed created bank delimitations again insured at ‘ P1+.’ Kw_Indian division global evaluation agency Standard and said arms (NYSE:MHP) this the large acquisition, if successful, Tata movement entrance to car the Luxuxsegment and to the markets and to the technology give, die its automobile Business more over promote could the long run. However Crisil, if it refers a high level the debt, added die negotiation to have an unfavorable effect on financial over profiles danger of the Tata engines short for middle designation in addition. Kw_buy also challenges to the profile danger business the Tata engines to raise, is driven a since significant portion of the united incomes by die acquired business, in which Tata engines yet to establish and demonstrate to its abilities, to Crisil said. Copyright Thomson financial news Limited 2007. all rights reserve Die copy, die new edition or die redistribution of Thomson financial news of contents, including by shapes or die similar means, are expressly forbidden without die prior written agreement of Thomson financial news. Newstex identification: AFX-0013-22082544


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