Network 18 Media & Investments gets revision in credit ratings from ICRA

Network 18 Media & Investments announced that ICRA has assigned the credit rating of ICRA AAA (Stable)" to the Company's Long-term Borrowing Programme (Bank Loan / Non-convertible Debenture Programme) of Rs.1,000 crore (enhanced from Rs.500 crore). Further, the rating for Company's Commercial Paper Programme and Long-term / Short term, Fund-based / Non-fund Based Facilities limits remain unchanged at ICRA A1+; Outstanding and ICRA AAA (Stable)/ ICRA A1+; Outstanding respectively.

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