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JK Paper receives reaffirmation in credit ratings from India Ratings

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JK Paper announced that India Ratings and Research has affirmed the company's long term issuer rating at IND A+.

The outlook is stable.

The instrument wise rating actions are as follows -

Term loan - IND A+/ Stable (Affirmed) Fund based limits - IND A+/ Stable/ IND A1+ (Affirmed) Non fund based limits - IND A+/ Stable/ IND A1+ (Affirmed) Commercial paper - IND A1+ (Affirmed) Term deposit - IND tAA-/ Stable (Affirmed)

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, December 07 2019. 13:14 IST
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