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Wonderla Holidays' ratings reaffirmed by CARE Ratings, including Long Term Bank Facilities at CARE AA-; Positive
21-Aug-2026, 06:27
Wonderla Holidays Ltd announced that CARE Ratings Limited has reaffirmed its ratings on various bank facilities, including Long Term Bank Facilities at CARE AA-; Positive, Long Term/ Short Term Bank Facilities at CARE AA-; Positive / CARE A1+, and Short Term Bank Facilities at CARE A1+, with a revision of the outlook from stable; CARE Ratings also revised the rating of Long Term Bank Loan from Rs. 200 crore from CARE A; Positive to CARE A; Stable, and reaffirmed Short Term Bank Facilities at CARE A1+, while Brickworks has provided an initial rating of BWR A1 for Commercial Paper of Rs. 50 crore; additionally, CARE Ratings Ltd. has noted that a review will be undertaken periodically, with the possibility of rating revision, reaffirmation, or withdrawal, and has indicated continuous monitoring for certain bank facilities, alongside a review designation due to the issuer not cooperating, while CareEdge Ratings acknowledged the ratings reflect opinions as of the rating date, and N/A ratings were also noted across multiple instruments and agencies.
Wonderla Holidays Ltd announced that CARE Ratings Limited has reaffirmed its ratings on various bank facilities, including Long Term Bank Facilities at CARE AA-; Positive, Long Term/ Short Term Bank Facilities at CARE AA-; Positive / CARE A1+, and Short Term Bank Facilities at CARE A1+, with a revision of the outlook from stable; CARE Ratings also revised the rating of Long Term Bank Loan from Rs. 200 crore from CARE A; Positive to CARE A; Stable, and reaffirmed Short Term Bank Facilities at CARE A1+, while Brickworks has provided an initial rating of BWR A1 for Commercial Paper of Rs. 50 crore; additionally, CARE Ratings Ltd. has noted that a review will be undertaken periodically, with the possibility of rating revision, reaffirmation, or withdrawal, and has indicated continuous monitoring for certain bank facilities, alongside a review designation due to the issuer not cooperating, while CareEdge Ratings acknowledged the ratings reflect opinions as of the rating date, and N/A ratings were also noted across multiple instruments and agencies.