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Prospect News home > News index > List of issuers A > Headlines for Air-India Charters Ltd. > News item |
Fitch affirms Air India notes
Fitch Ratings said it affirmed Air India Charters Ltd.'s Rs. 950 million non-convertible debentures at AAA(ind)(SO).
The agency said the rating reflects the absolute, unconditional and irrevocable guarantee extended by the Government of India for timely repayment of both principal and interest.
The rating is further supported by the guarantee structure, which ensures timely debt servicing, the agency said.
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