Tata Motors gets reaffirmation in credit ratings

From S&P Global Ratings

Tata Motors announced that S&P Global Ratings has reaffirmed the credit rating of the company. The Rating is removed from Credit Watch and the Outlook is kept as negative.

Tata Motors -
Issuer credit rating - B+/Negative
Senior unsecured - B+/ Negative

Jaguar Land Rover Automotive Plc. (wholly owned subsidiary)
Issuer credit rating - B+/Negative
Senior unsecured - B+/ Negative

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