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Tata Teleservices (Maharashtra) gets upgradation in credit ratings

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Capital Market

From CRISIL

Tata Teleservices (Maharashtra) announced that CRISIL has upgraded its ratings on the bank loan facilities of the Company to CRISIL AA-/CRISIL A1+ from CRISIL A/CRISIL A1. The ratings have been removed from 'Watch with Developing Implications' and 'a Stable' outlook has been assigned to the long term facilities.

Total Bank facilities rated - Rs 5166 crore

Long term rating - CRISIL AA-/Stable
Short term rating - CRISIL A1+

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First Published: Nov 22 2017 | 6:20 PM IST

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