ICRA has reaffirmed AA- rating to Thomas Cook (India)’s Non-Convertible Debenture Programme worth Rs 200 crore and removed the 'Rating Watch with Developing Implications’. The outlook on the rating is ‘stable’.
Thomas Cook is the largest integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.