GMR Airports receives upgrade in credit ratings from CARE

GMR Airports announced that CARE Ratings has upgraded its ratings from ?CARE A; Stable? to ?CARE A+; Positive? for the Non-Convertible Bonds issued by the Company amounting to upto Rs. 1500 crore.

Further, CARE Ratings has upgraded its ratings from ?CARE A; Stable? to ?CARE A+; Positive? for the long term bank facilities availed/to be availed by the Company and has upgraded its rating from ?CARE A1? to ?CARE A1+? for the short term bank facilities availed by the Company.