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IL&FS Engineering & Construction Co gets revision in ratings for bank facilities

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Capital Market
Last Updated : Sep 04 2018 | 7:50 PM IST

From CARE

IL&FS Engineering & Construction Co announced that CARE Ratings has revised the credit ratings of the company for long / short term bank facilities aggregating to Rs 3091.33 crore as under -

Long term facilities (Rs 902.81 crore) - CARE BB; Negative (Revised from CARE BBB-; Stable)

Short term facilities (Rs 2188.52 crore) - CARE A4 (Revised from CARE A3)

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First Published: Sep 04 2018 | 7:31 PM IST

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