Credit rating agency, Credit Analysis & Research (CARE) has assigned ‘AAA (SO)’ ratings for the proposed long term non-convertible debenture issue of Rs 150 crore of Reliance Broadcast Network (RBNL).
Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Besides, such instruments carry lowest credit risk.
RBNL has a multi media play in the spaces of radio, television, intellectual property, out of home and television products and specializes in creating and executing integrated solutions for clients, across the country.
