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Jubilant Life Sciences receives revision in credit ratings from CRISIL

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Capital Market
Jubilant Life Sciences announced that CRISIL has assigned the following ratings to the company's facilities -

Long term rating for bank loan facilities (Rs 510 crore) - CRISIL AA (Placed on 'Rating Watch with Developing Implications')

Non-Convertible Debentures (Rs 350 crore) - CRISIL AA (Continues on 'Rating Watch with Developing Implications') (Rating withdrawn as NCDs have been fully redeemed)

Commercial Paper Programme (Rs 400 crore) - CRISIL A1+ (Reaffirmed)

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First Published: Apr 10 2020 | 12:17 PM IST

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