IL&FS Transportation Networks gets revision in credit ratings

From Brickwork Ratings

IL&FS Transportation Networks announced that Brickwork Ratings has revised the ratings assigned as under -

Commercial Paper (Rs 1000 cr) -- BWR A4 (Revised from BWR A2+)
Non Convertible Debentures (Rs 3000 cr) -- BWR AA+(SO); Rating Watch Negative (Revised from BWR AA+(SO) / Stable)
Non Convertible Debentures (Rs 550 cr) -- BWR AA+(SO); Rating Watch Negative (Revised from AA+(SO)/ Stable)

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