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Zee Media Corporation gets revision in credit ratings

Capital Market 

From CARE

Zee Media Corporation announced that CARE has revised the credit ratings of the company as under -

Long term bank facilities term loan - CARE BBB; Stable (Removed credit watch with negative implications; ratings revised from CARE A)

Long term bank facilities cash credit - CARE BBB; Stable (Removed credit watch with negative implications; ratings revised from CARE A)

Short term bank facilities bank guarantee - CARE A3+ (Removed credit watch with negative implications; ratings revised from CARE A1)

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 09 2019. 15:05 IST
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