Mahanagar Telephone Nigam has received revision in credit ratings from CARE for bank facilities aggregating Rs 22,000 crore as under: Long term bank facilities – CARE BB+; Stable (revised from CARE D; Stable)
Long term / short term bank facilities – CARE BB+; Stable / CARE A4+ (revised from CARE D; Stable)
Short term bank facilities – CARE A4+ (revised from CARE D) The rating on the companys other debt facilities aggregating Rs 14,013.97 crore including NCDs and bonds has been reaffirmed at CARE AAA (credit enchanment) ; Stable. Powered by Capital Market – Live News
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