Dubai, United Arab Emirates Jun 3, 2019 (Issuewire.com) - Beaufond Plc, a Public Limited Company at Dubai International Finance Centre, Dubai, UAE reached yet another milestone today by being awarded “D&B-5A1” Credit Risk Rating - with credit Indicator “Excellent” – This is the Top Tier / Notch Rating being awarded by “Dun & Bradstreet”, a reputed International Credit Rating Agency.
Commenting on this latest development, Mr. Thangavelu Elangomani, Director, said:
“Informally it is informed by Dun & Brad Street’s Management that for a quite a long time, no company in UAE, irrespective of its category, has been awarded “5A1” rating. Also they add that Beaufond Plc, is the first company since long time in the history of Plc category to get the Credit Rating of “5A1” in Dubai”
Beaufond Plc Management is proud to be in this elite segment. We see this as a major breakthrough in the Creditability of the Company. Being credit Rated as “5A1” the Top Tier rating, the main advantage is that Beaufond Plc can proceed with its own requested terms with its Suppliers, financial and non-financial institutions etc., which will help the existing and new stake holders of the company as such. This pave way the company to have a broader outline and allows to raise capital and extend its business with ease and stability,”
About: Beaufond PLC
Beaufond PLC is a Global company registered at DIFC, Dubai. The company has evolved into market–leading international businesses, with operation across six continents. Its business segments touches the lives of million across the Globe, the company enjoys a dominant position in the various business verticals that it operates.
Email: info@beaufond.com, Phone No. +971- 43344323.
Contact Person: Mr Vikram Motwani, CEO.
Media Contact
BEAUFOND PUBLIC LIMITED COMPANY info@beaufond.com Mr. Vikram Motwani, 906,LIBERTY HOUSE, DIFC, DUBAI http://www.beaufond.com
