Music Broadcast receives reaffirmation in credit ratings from CRISIL

Music Broadcast receives reaffirmation in credit ratings from CRISIL

Apr 24, 2020 03:04 IST capital market

Music Broadcast announced that CRISIL has reaffirmed ?CRISIL AA/Stable? rating to the Long term facilities of the Company and ?CRISIL A1+? rating to the short term facilities of the Company.

Further, pursuant to redemption of Non-Convertible Debentures (NCD) of the Company, CRISIL has withdrawn ?CRISIL AA/Stable? rating relating to NCDs.

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