United Spirits gets revision in credit ratings

From ICRA

United Spirits has received a revision in rating from ICRA as under -

Term loans (Rs 2900 crore) - ICRA AA; Positive (Revised from ICRA A+; Positive)

Fund based facilities (Rs 2400 crore) - ICRA A1+ (Reaffirmed)

Non fund based facilities (Rs 400 crore) - ICRA A1+ (Reaffirmed)

Commercial Paper (Rs 1000 crore) - ICRA A1+ (Reaffimed)

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