CRISIL places ratings on 'Watch Developing' for Interglobe Aviation

Interglobe Aviation announced that CRISIL has placed its ratings on the bank facilities of the Company on 'Watch with Developing Implications' as detailed below:

Long term rating - CRISIL AA-/Watch Developing (Placed on 'Rating Watch with Developing Implications')

Short term rating - CRISIL A1+/Watch Developing (Placed on 'Rating Watch with Developing Implications')