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West Coast Paper Mills gets revision in credit ratings

Capital Market 

From India Ratings and Research

West 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)

Short term loan - 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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 24 2018. 17:54 IST
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