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Phillips Carbon Black gets revision in ratings for bank facilities

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Capital Market

From CARE

Phillips Carbon Black announced that CARE has reviewed the ratings for bank facilities as under -

Long term bank facilities (Rs 550 crore) - CARE AA-; Positive (Reaffirmed with outlook revised from Stable)

Long term / short term bank facilities (Rs 1850 crore) - CARE AA-; Positive /A1+ (Reaffirmed with outlook revised from Stable)

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First Published: Dec 21 2018 | 3:28 PM IST

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