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Press Release GMR Chennai Outer Ring Road …

1 CARE Ratings Limited Press Release GMR Chennai Outer ring road private Limited December 05, 2017 Ratings Facilities Amount (Rs. crore) Rating1 Rating Action Long Term Bank Facilities (Term Loan-I)^ (reduced from ) CARE BB (SO); Stable [Double B (Structured Obligation); Outlook: Stable] Revised from CARE BBB- (SO) [Triple B Minus (Structured Obligation)] Long Term Bank Facilities (Term Loan-II)@ CARE BB (SO); Stable [Double B (Structured Obligation); Outlook: Stable] Revised from CARE BBB- (SO) [Triple B Minus (Structured Obligation)] Long Term Bank Facilities (Non-fund Based) CARE BB (SO); Stable [Double B (Structured Obligation); Outlook: Stable] Revised from CARE BBB- (SO) [Triple B Minus (Structured Obligation)] Total Facilities (Rs. Seven Hundred Thirty Two Crore and Eighty Four Lakhs Only) Details of instruments/facilities in Annexure-1 ^The facility is backed by unconditional and irrevocable sponsor support extended by GMR Infrastructure Ltd.

1 CARE Ratings Limited Press Release GMR Chennai Outer Ring Road Private Limited December 05, 2017 Ratings Facilities Amount (Rs. crore) Rating1 Rating Action Long Term Bank Facilities

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