IL&FS Transportation Networks gets revision in credit ratings

IL&FS Transportation Networks gets revision in credit ratings

Capital Market 

From Ratings and Research

announced that Ratings and Research has revised the rating for the following instruments -

NCDs (Rs 800 crore) - IND D (Revised from IND C)
Proposed NCDs - Withdrawn (Previous rating IND C)
Proposed Term Loan - Withdrawn (Previous rating IND C)

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First Published: Sat, January 26 2019. 11:44 IST