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

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

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