Eros International gets revision in credit ratings for various facilities

From CARE

Eros International has received the following ratings from CARE.

Long term bank facilities (Rs 451.76 crore) - CARE A+ (Upgraded from CARE A and removed from credit watch)

Short term bank facilities (Rs 187 crore) - CARE A1 (Upgraded from CARE A2+)

Proposed long term/ short term facilities (Rs 111.24 crore) - CARE A1+/ CARE A1 (Assigned)

Proposed NCDs (Rs 400 crore) - CARE A+ (Upgraded from CARE A and removed from credit watch)

Commercial Paper / Short term debt (Rs 200 crore) - CARE A1 (Upgraded from CARE A2+ and removed from credit watch).

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