Credit rating agency, ICRA has assigned A1 + (SO) rating to Network 18 Media & Investments’ Commercial Paper worth Rs 100 crore (credit enhanced by way of guarantee/stand-by facility from Yes Bank).
In terms of the rating of ICRA, its A1 ratings are considered to have very strong degree of safety regarding timely payment of financial obligations and such instrument carry lowest credit risk.
Network 18 Media & Investments is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses.
