IL&FS Transportation Networks gets revision in credit ratings

From CARE and ICRA

IL&FS Transportation Networks has received revision in credit ratings from CARE Ratings and ICRA as under -

NCD (Rs 1015 crore) - CARE BB(SO) (Revised from CARE AA+(SO))
NCD (Rs 750 crore) - CARE BB-(SO) (Revised from CARE AA(SO))
Bank facilities term loan (Rs 500 crore) - CARE BB-(SO) (Revised from CARE AA(SO)

NCD (Rs 1764.5 crore) - ICRA BB(SO) NC (Revised from ICRA AA(SO) NC)
NCD (Rs 1235.5 crore) - Provisional ICRA BB(SO) NC (Revised from Provisional ICRA AA(SO) NC)

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