Gulf Oil Corporation gets reaffirmation in credit ratigns

From ICRA

Gulf Oil Corporation announced that ICRA has reaffirmed long-term rating of [ICRA] BBB (pronounced ICRA triple B) and short-term rating of [ICRA] A3+ (pronounced ICRA A three plus for Rs. 105.00 crore fund based and non-fund based limits and USD 180 million term loan/ LOC facility of the Company and the outlook on the long-term rating has been revised from Stable to Positive.

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