Credit rating agency, CARE has revised the assigned rating to the long term facilities of Educomp Solutions aggregating to Rs 339.76 crore. The agency has revised the rating of long term facilities, having tenure of more than one year, from ‘A’ to ‘A+’.
Facilities with this rating are considered to have adequate degree of safety for timely servicing of financial obligation and such facilities carry low credit risk.
Educomp Solutions offers diversified education solutions. It is the largest education company in India. It provides learning solutions to schools, governments, teachers, students and parents.
