IL&FS Transportation Networks gets ratings revision from ICRA

IL&FS Transportation Networks has received revision in credit ratings issued by ICRA on the various instruments of the Company -

Non convertible debentures (NCD) (Rs 1764.5 crore) - ICRA D (NC)
NCD (Rs 1036.5 crore) - Withdrawn
NCD (Rs 199 crore) - ICRA D (NC)
NCD (Rs 2000 crore) - ICRA D (NC)
Commercial paper (Rs 1000 crore) - ICRA D (NC)
Fund based bank lines (term loans Rs 490 crore) - ICRA D (NC)
Fund based bank lines (Rs 320 crore) - ICRA D (NC)
Preference shares (Rs 760 crore) - ICRA D (NC)

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