Credit rating agency, ICRA has assigned ‘A1+’ rating to Network 18 Media & Investments’ short term bank facilities worth Rs 230 crore. The rating agency has also assigned ‘A’ rating to the company’s long term bank facilities worth Rs 10 crore. The outlook on the long-term rating is ‘Positive’.
Further, the credit rating agency has assigned ‘A1 +’ rating for company’s commercial paper of Rs 100 crore.
Network 18 Media & Investments is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses
