From CARE
Phillips Carbon Black announced that CARE Ratings has reaffirmed the credit ratings for bank facilities and commercial paper as under:
Long term bank facilities (Rs 550 crore) - CARE AA-; Stable
Long term / short term bank facilities (Rs 1850 crore) - CARE AA-; Stable/ CARE A1+
Commercial paper (Rs 450 crore) - CARE A1+
Commercial paper (Rs 50 crore) - CARE A1+
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