{"id":281413,"date":"2019-07-10T06:54:29","date_gmt":"2019-07-10T06:54:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=281413"},"modified":"2019-07-10T06:54:29","modified_gmt":"2019-07-10T06:54:29","slug":"crisil-downgrades-navi-mumbai-airport-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crisil-downgrades-navi-mumbai-airport-ratings\/","title":{"rendered":"CRISIL downgrades Navi Mumbai airport ratings"},"content":{"rendered":"<p>MUMBAI: CRISIL on Tuesday downgraded its ratings on the long-term bank facility of the Navi Mumbai International Airport Private Limited (NMIAL) to \u2018CRISIL A\u2019 from \u2018CRISIL A+ stable\u2019 and placed it on \u2018ratings watch with negative implications\u2019. NMIAL is setting up a greenfield airport at Navi Mumbai, and the downgrade follows the lowering of ratings on its parent, Mumbai International Airport Ltd (MIAL), \u201creflecting the weakening of the financial profile of the parent\u201d, said the global analytical firm. MIAL is owned by the GVK Group-led consortium. MIAL owns 74 per cent stake in NMIAL and the rest is held by the City and Industrial Development Corporation (CIDCO), the state-run city development agency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: CRISIL on Tuesday downgraded its ratings on the long-term bank facility of the Navi Mumbai International Airport Private Limited (NMIAL) to \u2018CRISIL A\u2019 from \u2018CRISIL A+ stable\u2019 and placed it on \u2018ratings watch with negative implications\u2019. NMIAL is setting up a greenfield airport at Navi Mumbai, and the downgrade follows the lowering of ratings on its parent, Mumbai International Airport Ltd (MIAL), \u201creflecting the weakening of the financial profile of the parent\u201d, said the global analytical firm. MIAL is owned by the GVK Group-led consortium. MIAL owns 74 per cent stake in NMIAL and the rest is held by [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[208,130,143],"tags":[],"class_list":["post-281413","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=281413"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281413\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=281413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=281413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=281413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}