United Spirits receives reaffirmation in credit ratings

From ICRA

United Spirits announced that ICRA has reaffirmed the credit ratings for the company's debt facilities as under-

Long term/Short term Fund Based/Non-fund Based (Rs 3425 crore) - ICRA AA+ (Stable) / ICRA A1+ (reaffirmed)

Commercial paper (Rs 500 crore) - ICRA A1 (reaffirmed)

NCD - ICRA AA+ (Stable) (reaffirmed and withdrawn)

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