GMR Airports receives upgrade in credit ratings from CARE
GMR Airports announced that CARE Ratings has upgraded its ratings from 'CARE A; Stable' to 'CARE A+; Positive' for the Non-Convertible Bonds issued by the Company amounting to upto Rs. 1500 crore.
Further, CARE Ratings has upgraded its ratings from 'CARE A; Stable' to 'CARE A+; Positive' for the long term bank facilities availed/to be availed by the Company and has upgraded its rating from 'CARE A1' to 'CARE A1+' for the short term bank facilities availed by the Company.