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United Spirits receives revision in credit ratings from CRISIL

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Capital Market
United Spirits has received revision in credit ratings from CRISIL as under -

Total bank loan facilities rated - Rs 3925 crore
Long term rating - CRISIL AA+/Positive (Outlook revised from 'Stable' and rating reaffirmed)
Short term rating - CRISIL A1+ (Reaffirmed)

Rs.750 crore Non Convertible Debentures - CRISIL AA+/Positive (Outlook revised from 'Stable' and rating reaffirmed)

Rs.1500 crore Commercial Paper - CRISIL A1+ (Reaffirmed)

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First Published: Dec 31 2019 | 9:11 AM IST

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