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CRISIL reaffirms rating assigned to Thomas Cook’s short term bank facilities

05 May 2018 Evaluate

The credit rating agency, CRISIL has reaffirmed ‘A1+’ rating assigned to Thomas Cook’s short term bank facilities of Rs 539 crore and short term debt (including commercial paper) of Rs 100 crore. The credit rating agency has withdrawn its rating on the 10.52% Non-Convertible Debentures of Rs 100 crore as the same have been fully redeemed.

Thomas Cook (India) is the leading 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) 104.05
IRCTC 462.00
TBO Tek 1700.00
Le Travenues Techno 159.85
Yatra Online 105.70
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