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CRISIL reaffirms rating assigned to debt instruments, bank facilities of Thomas Cook (India)

22 May 2014 Evaluate

Credit rating agency, CRISIL has removed its ratings on the debt instruments and bank facilities of Thomas Cook (India) (TCIL) from ‘Rating Watch with Developing Implications’ and reaffirmed the ratings at ‘AA-/ A1+’; the rating outlook 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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