Zee Media Corporation gets revision in credit ratings

From CARE

Zee Media Corporation announced that CARE has revised the credit ratings of the company as under -

Long term bank facilities term loan - CARE BBB; Stable (Removed credit watch with negative implications; ratings revised from CARE A)

Long term bank facilities cash credit - CARE BBB; Stable (Removed credit watch with negative implications; ratings revised from CARE A)

Short term bank facilities bank guarantee - CARE A3+ (Removed credit watch with negative implications; ratings revised from CARE A1)

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