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Jaiprakash Associates gets revision in credit ratings

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Capital Market
Last Updated : Jun 15 2015 | 11:01 AM IST

From CARE

Jaiprakash Associates announced that the Rating Committee of Credit Analysis & Research (CARE) has revised the Company's ratings for FY 2015 as follows -

Long term bank facilities (Rs 19168.07 crore) CARE BB (Revised from CARE BBB-)

Short term bank facilities (Rs 1300 crore) CARE A4 (Revised from CARE A3)

Long term/ short term bank facilities (Rs 4812 crore) CARE BB/ CARE A4 (Revised from CARE BBB-/ CARE A3)

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First Published: Jun 15 2015 | 9:40 AM IST

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