JET AIRWAYS (INDIA) LTD. - Credit Rating for INR 7,460 Crore Line of Credit

Jet Airways (India) Ltd has informed BSE that the rating committee of ICRA has after due consideration upgraded the long term rating for Line of Credit from [ICRA] D (pronounced ICRA D) to [ICRA] C (pronounced ICRA C).<br/><br/>Further the rating committee of ICRA has also upgraded the short term rating for Line of Credit from [ICRA] D (pronounced ICRA D) to [ICRA] A4 (pronounced ICRA A four).