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CARE revises Eros International Media’s bank facilities ratings

CARE revises Eros International Media’s bank facilities ratings

Credit rating agency, CARE has revised the ratings assigned to Eros International Media’s bank facilities. The agency has revised rating of long term bank facilities worth Rs 563 crore to ‘BBB-/Stable’ from ‘BBB+’. The rating agency also revised rating of short term bank facilities worth Rs 187 crore to ‘A3’ from ‘A3+’.

Eros International Media is a leading global company in the Indian film entertainment industry that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media.

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