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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 - Rs 2800 crore
Long term rating - CRISIL AAA/ Stable (upgraded from CRISIL AA+/ Positive)
Short term rating - CRISIL A1+ (reaffirmed)

Rs 750 crore Non convertible debentures - Withdrawn

Rs 500 crore commercial paper - CRISIL A1+ (withdrawn)

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First Published: Dec 31 2021 | 7:05 PM IST

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