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From CRISIL
Indus Towers receives upgrade in ratings for LT bank facilities
19-Jul-2025, 06:41
Indus Towers announced that CRISIL Ratings has upgraded the rating on the long-term bank loan facilities and Rs. 1,750 crore bond (debt instruments) of Indus Towers ('the Company') from 'Crisil AA+/Positive' to 'Crisil AAA/Stable'. Further, credit rating assigned to Rs. 375 Crore bond (debt instruments) has been 'withdrawn' as they have been redeemed.
Indus Towers announced that CRISIL Ratings has upgraded the rating on the long-term bank loan facilities and Rs. 1,750 crore bond (debt instruments) of Indus Towers ('the Company') from 'Crisil AA+/Positive' to 'Crisil AAA/Stable'. Further, credit rating assigned to Rs. 375 Crore bond (debt instruments) has been 'withdrawn' as they have been redeemed.
The rating for short-term bank loan facilities and Commercial Papers is reaffirmed as Crisil A1+.
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