Fitch downgrades Biyani's Future Retail after missed interest payment - Livemint 25-Jul-2020

Fitch downgrades Biyani's Future Retail after missed interest payment - Livemint


In a note, the rating agency said that it had downgraded Future Retail's Long-Term Issuer Default Rating to C from 'CCC+, and the rating on its $500 million 5.6% senior secured notes due in 2025 to C from CCC+'

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