IFCI gets revision in credit ratings

From Brickwork Ratings India

IFCI announced that Brickwork Ratings India has revised the ratings of the Company's borrowings as under -

Long term debt instruments - BWR A+ (Revised from BWR AA-)

The outlook on these long term ratings have been revised from 'Stable' to 'Negative'.

The ratings for long term structured debt instruments has been reaffirmed at BWR AA+(SO) with Stable outlook.

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