Chalet Hotels receives affirmation in credit ratings from ICRA

28 Sep 2022 , 01:06 PM

Chalet Hotels has received affirmation in credit ratings from ICRA while the outlook on the long-term rating has been revised from Negative to Stable as under: Term loans (Rs 2440.76 crore) – ICRA BBB+; Stable
Long term & short term unallocated limits (Rs 22.24 crore) – ICRA BBB+; Stable/ ICRA A2
Long term fund based limits (Rs 124 crore) – ICRA BBB+; Stable
Short term non-fund based limits (Rs 75 crore) – ICRA A2Powered by Capital Market – Live News