From CARE Ratings
IL&FS Transportation Networks announced that CARE Ratings has revised the credit ratings as under -Long term bank facilities (Rs 1741.50 crore) - CARE BB/Negative (Revised from CARE A-/Negative)
Short term bank facilities (Rs 230 crore) - CARE A4 (Revised from A2+)
Long term/ short term bank facilities (Rs 890 crore) - CARE BB/ Negative / CARE A4 (Revised from CARE A-/Negative/ CARE A1)
Non convertible debentures (Rs 425 crore) - CARE BB/ Negative (Revised from CARE A-/Negative)
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