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Term sheet signed by private investor helped IL&FS notch 'AAA' rating: report

Updated : October 08, 2018 10:18 AM IST

Lonestar had signed a term-sheet to acquire road assets of the company by taking over debt and bringing in Rs 4000 crore: report
In addition, the annual report of IL&FS showed that the books of subsidiaries had assets above liabilities, according to an analysis by the newspaper.
Term sheet signed by private investor helped IL&FS notch 'AAA' rating: report

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