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Idea Cellular informs about revision in Credit Rating

02 Jul 2015 Evaluate

Idea Cellular has informed that Credit Rating Agency ‘CARE’ on review of recent developments including operational and financial performance of the Company for FY 2015, has vide its letter dated June 30, 2015 revised the Credit Rating assigned by it to the Long Term Bank Facilities and NCD Issue from CARE AA (Double A) to CARE AA+ (Double A Plus) and has re-affirmed rating of CARE A1+ (A One Plus) to the Short Term Bank Facilities and Commercial Paper Issue.

The above information is a part of company’s filings submitted to BSE.

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