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IFCI Ltd. Interest Rate Update/Notice 2021

Aug 24, 2021

Interest Rate Update/Notice

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S.No.	Nature of Facility	Revised Ratings	Rating Action
1.	Long Term Debt Instruments	BWR BB	Downgraded from
	(Bonds / NCD)	Outlook: Negative	BWR BBB-
			Outlook: Negative
2.	Proposed NCD	BWR BB	Downgraded from
		Outlook: Negative	BWR BBB-
			Outlook: Negative
3.	Secured NCD	BWR BB+	Downgraded from
		Outlook: Negative	BWR BBB+
			Outlook: Negative
4.	Proposed Commercial Papers	BWR A4+	Downgraded from
			BWR A3+