Vodafone Idea gets downgrade in ratings for bank facilities and NCD

From CARE

Vodafone Idea announced that CARE Ratings has downgraded its rating on Long Term Bank Facilities and Non-Convertible Debentures of the company. Further, the rating assigned to short term bank facilities has been withdrawn.

The revised credit rating is as under :

Long Term Bank Facilities - CARE A; Negative (Revised from CARE A+)
Non-Convertible Debentures - CARE A; Negative (Revised from CARE A+)

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