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Tata Steel BSL announces CARE Rating update

Steel News - Published on Fri, 28 Dec 2018

Image Source: SteelGuru
Tata Steel BSL informed that CARE Ratings Limited has assigned the following Credit rating for the Bank Facilities

1. Long-term Bank Facilities -Term Loan INR 21000 Crores, CARE AA; Stable (Double A; Outlook: Stable)

2. Long-term / Short-term Bank Facilities - Fund based / Non-Fund based 5000 Crores CARE AA; Stable/ CARE A1+ (Double A; Outlook : Stable /
A One Plus)

Total Facilities – INR 26000 Crore

Source :

Posted By : Rabi Wangkhem on Fri, 28 Dec 2018
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