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CRISIL withdraws SpiceJet rating; firm in non-cooperating category

SpiceJet terminated the contract with CRISIL after the rating firm had downgraded the company's bank loan facilities on July 7 citing deterioration in liquidity profile

SpiceJet
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SpiceJet’s finances have been heavily stretched with the company virtually having no cash balance

New Delhi
4 min read Last Updated : Nov 2 2021 | 11:53 PM IST
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Low cost airline SpiceJet and rating agency CRISIL have sparred over rating given to the company’s bank loan facilities. The airline said that they had already terminated the contract with

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Topics : SpiceJet Crisil ratings

First Published: Nov 2 2021 | 9:49 PM IST

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