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Jet Airways (India) informs about credit rating

07 Dec 2018 Evaluate

Jet Airways (India) has informed that has revised the Long Term rating (assigned to Long term Loans and Non-Convertible Debentures) to [ICRA] C (pronounced lCRA C) from [ICRA] B (pronounced ICRA B) (negative outlook).The Short Term rating has been reaffirmed to [lCRA] A4 (pronounced ICRA A four). This rating downgrade considered delays in the implementation of proposed liquidity initiatives by the Company.

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

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