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The rating of AAA(so) (pronounced ‘Triple A structured obligation’) assigned to the above Senior PTCs backed by receivables originated by ICICI Bank Limited has been withdrawn as all the payouts under the instruments have been made out in full as scheduled.
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Media Contact
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Analytical Contacts
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CRISIL Rating Desk
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Ramya Krishnan Anil
Head, Market Development & Communications
CRISIL
Tel: +91-22-6758-8051
Mobile: +91 98203 42671
Facsimile: +91-22-6758-8088
Email: RamyaKA@crisil.com
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Ajay Dwivedi
Director, Structured Finance Ratings - CRISIL Ratings
Tel: +91-22-6691 3097
Email: adwivedi@crisil.com
Prasad Koparkar
Head, Structured Finance Ratings - CRISIL Ratings
Tel: +91-22-6691 3137
Email: pkoparkar@crisil.com
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Tel: +91-22-6691 3047 / 6691 3064
Email: CRISILratingdesk@crisil.com
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Note:
This Rating Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The rating release may be used by you in full or in part without changing the meaning or context thereof but with due credit to CRISIL. However, CRISIL alone has the sole right of distribution of its Releases for consideration or otherwise through any media including websites, portals etc.
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CRISIL Complexity Levels are assigned to various types of financial instruments. The CRISIL Complexity Levels for the instruments featured in this document are available on www.crisil.com/complexity-levels. Investors are advised to refer to the CRISIL Complexity Levels for instruments that they propose to invest in. Investors can also call the CRISIL Helpline at +91 22 6691 3047 / + 91 22 66913064 with queries on specific instruments.
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CRISIL is India's leading Ratings, Research, Risk and Policy Advisory company. CRISIL leverages its core strengths of credibility and analytical rigour to deliver opinions and solutions, that help clients mitigate and manage their business and financial risks, make markets function better, and help shape public policy. For more information, visit www.crisil.com.
Disclaimer: A CRISIL rating reflects CRISIL's current opinion on the likelihood of timely payment of the obligations under the rated instrument and does not constitute an audit of the rated entity by CRISIL. CRISIL ratings are based on information provided by the issuer or obtained by CRISIL from sources it considers reliable. CRISIL does not guarantee the completeness or accuracy of the information on which the rating is based. A CRISIL rating is not a recommendation to buy, sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. All CRISIL ratings are under surveillance. Ratings are revised as and when circumstances so warrant. CRISIL is not responsible for any errors and especially states that it has no financial liability whatsoever to the subscribers / users / transmitters / distributors of this product. For the latest rating information on any instrument of any company rated by CRISIL, please contact CRISIL RATING DESK at CRISILratingdesk@crisil.com, or at (+91 22) 6691 3001 - 09
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