Edition:
United Kingdom

Rating Agency CRISIL Says Has Never Rated India's IL&FS


Monday, 22 Jul 2019 

July 22 (Reuters) - CRISIL::CREDIT RATING AGENCY CRISIL SAYS IT HAS NEVER RATED INDIA'S IL&FS LTD, IL&FS FINANCIAL SERVICES LTD, OR ANY DEBT ISSUED BY THESE COMPANIES.CRISIL SAYS IT CURRENTLY HAS RATINGS ON TWO ROAD ANNUITY PROJECT SPECIAL PURPOSE VEHICLES SPONSORED BY IL&FS TRANSPORTATION NETWORK LTD.CRISIL STATEMENT COMES IN WAKE OF GRANT THORNTON REPORT THAT SOME RATING AGENCIES GAVE HIGH RATINGS TO IL&FS DESPITE ITS WORSENING FINANCES nL4N24L04T.