United Spirits Ltd.

Credit rating agency, ICRA has revised ‘BBB-’ (Stable) rating to United Spirits’ Term Loans of worth Rs 320.65 crore from D. The rating agency has also revised A3 rating to company’s Fund based facilities of worth Rs 2,100 crore from D , A3 rating to  Non-fund based facilities of worth Rs 400 crore from D and MA rating to  Fixed Deposit Program of worth Rs 400 crore from MB

United Spirits is the largest spirits company in India and a flagship entity of $2 billion UB group. It manufactures wide range of whisky, vodka, rum and other spirits.