Tata Teleservices (Maharashtra) gets revision in credit ratings

From CARE

Tata Teleservices (Maharashtra) announced that CARE has revised the credit ratings of various credit facilities of the Company as under -

Long term bank facilities (Rs 5433 crore) - CARE A-/ Negative (Revised from CARE A)

Bank facilities fund based LT cash credit (Rs 140 crore) - CARE A-/ Negative (Revised from CARE A)

Bank facilities non fund based ST -BG (Rs 1005 crore) - CARE A2+ (Revised from CARE A1)

Bank facilities fund based ST- term loan (Rs 550 crore) - CARE A2+ (Revised from CARE A1)

Bank facilities - proposed (Rs 98 crore) - CARE A-/ Negative / CARE A2+ (Revised from CARE A / CARE A1)

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