IL&FS Transportation Networks gets revision in ratings from India Ratings & Research

IL&FS Transportation Networks announced that India Ratings and Research has revised the credit ratings for the company's various debt facilities as under -

Commercial Paper (Rs 310 crore) -- IND A4+; Rating Watch Negative (Revised from IND A1; Rating Watch Negative)

Non Convertible Debentures (Rs 1500 crore) -- IND BB; Rating Watch Negative (Revised from IND A; Rating Watch Negative)

Term Loan (Rs 550 crore) -- IND BB; Rating Watch Negative (Revised from IND A; Rating Watch Negative)

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