Thursday, January 3, 2019

ICRA downgrades Jet Airways debenture instruments / loans

Image result for jet airways crash

Rating agency ICRA has downgraded the airline’s Rs 10,963 crore loan and debenture ratings to the ‘D’ category Instruments with ‘D’ rating are in default or are expected to be in default soon. Jet Airways shares closed at Rs 261, down 7% in yesterday's trading. 

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