Jindal Steel & Power get revision in credit ratings

From CARE

Jindal Steel & Power announced that CARE Ratings has assigned Investment Grade rating of CARE BBB (-) (Outlook: Stable) for the Company's Long Term Debt facilities, and Debentures- Non Convertible Debentures, upgraded from earlier rating of CARE D.

Non fund based & short term working capital facilities for company have been assigned investment grade rating of CARE A3, upgraded from earlier rating of CARE D.

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