Credit rating agency, CARE has assigned ‘A1+’ rating to Eros International Media’s short term bank facilities worth Rs 1.00 crore. The rating agency has also assigned ‘A+’ rating to company’s Non Convertible Debenture issue worth Rs 200 crore and long term bank facilities worth Rs 339.33 crore
Rating is considered to have strong degree of safety regarding timely servicing of financial obligations.
Eros International Media is a part of the Eros Group., which has an extensive film library and is in the business of sourcing Indian and other film content and exploiting it worldwide through its offices in India, UK, USA, UAE, Singapore, Australia, the Isle of Man and Fiji across formats such as theatres, home entertainment, television and digital new media.
