From India Ratings and ResearchWest Coast Paper Mills announced that India Ratings and Research has upgraded the long term issuer rating to IND AA- from IND A+. The outlook is Stable.
Term loan - IND AA-/Stable (Upgraded)
Fund based limit - IND AA-/ Stable/ IND A1+ (long term rating upgraded ; short term rating affirmed)
Non fund based limits - IND A1+ (Affirmed)
Proposed bank loan - Provisional IND AA-/Stable/ Provisional IND A1+ (long term rating upgraded ; short term rating affirmed)
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