Fitch rates Moods Hospitality

Fitch Ratings said it assigned Moods Hospitality Pvt Ltd. a national long-term rating of B(ind), along with a national rating of B(ind) to its term loans totaling Rs. 117 million.

The outlook is stable.

The ratings reflect the company's stretched financial profile due to net losses and high financial leverage, Fitch said.

The ratings draw comfort from its established position as the owner of the largest Chinese fast food restaurant chain, Yo! China, in India, the agency said.

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