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Fitch rates Mumbai airport loans BBB(ind)
Fitch Ratings said it assigned BBB(ind) ratings to the Mumbai International Airport Pvt Ltd.'s fund-based and non-fund based working capital limits aggregating Rs. 420 million and Rs. 2.6 billion, respectively.
The agency also said it assigned a BBB(ind) rating to the performance guarantee aggregating Rs. 6.2 billion issued by banks to the Airports Authority of India on behalf of Mumbai airport.
The outlook is stable.
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