Shoppers Stop gets ratings for various credit facilities

From CARE

Shoppers Stop announced that the credit ratings received from Credit Analysis & Research (CARE Ratings)

- CARE A (Single A) for the long term bank facilities amounting to Rs. 682 crore and CARE A1 (A One) for the short term bank facilities amounting to Rs. 21.50 crore.

- CARE A1 (A One) for Commercial Paper Issue/ Short Term Debt Issue amounting to Rs. 100 crore.

- CARE A (Single A) for Non-Convertible Debenture issue amounting to Rs. 100 crore.

The letters received from Credit Analysis & Research are enclosed herewith.

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