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ICRA reaffirms AA- rating to Thomas Cook (India)’s NCD Programme

21 May 2014 Evaluate

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.

Peers
Company Name CMP
Thomas Cook (India) 104.55
IRCTC 457.65
TBO Tek 1655.00
Le Travenues Techno 161.80
Yatra Online 107.70
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