Rashtriya Chemicals & Fertilizers receives revision in credit ratings

From ICRA

Rashtriya Chemicals & Fertilizers announced that ICRA has revised the credit rating for the debt facilities of the company as under-

Bank facilities (Rs 5100 crore) - ICRA AA-; Positive (revised from ICRA AA-; Stable)

Non convertible debentures (Rs 500 crore) - ICRA AA-; Positive (revised from ICRA AA-; Stable)

Commercial paper programme (Rs 3000 crore) - ICRA A1+ (reaffirmed)

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