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Den Networks gets upgradation in credit ratings

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Capital Market

From ICRA

Den Networks announced the ICRA has upgraded the credit rating for the various debt facilities availed by the Company as under -

Fund based term loans - ICRA A; Stable (revised from ICRA A-;Stable)
Fund based working capital facilities - ICRA A; Stable (revised from ICRA A-; Stable)
Non fund based working capital facilities - ICRA A1 (revised from ICRA A2+)
Unallocated limits - ICRA A; stable / A1 (revised from ICRA A-; Stable / ICRA A2+)

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First Published: Dec 11 2017 | 4:21 PM IST

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