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Here is the credit rating
Facilities Amount (Rs. crore) Ratings1 Remarks
Short term bank facilities 110.00#
CARE A1+ (SO) [A One Plus (Structured Obligation)]
Reaffirmed; enhanced from Rs.60 crore
Other ratings
Facilities Amount (Rs. Crore) Ratings
Long term bank facilities 36.00^ CARE AA+ (SO) [Double A Plus (Structured Obligation)]

Short term bank facilities 54.50@ CARE A1+ (SO) [A One Plus (Structured Obligation)]

Rating Rationale
The rating reaffirmation of the enhanced bank facilities of Tata Communications Payment Solutions Ltd. (TCPSL) factors in the credit enhancement in the form of letter of comfort from Tata Communications Ltd. [TCL, rated CARE AA+/CARE A1+].



TATA Communications Limited Credit Rating





Address:-
TATA Communications Limited
4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022

Phone:-
+91-22-6754 3456