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Tata Motors intimates of revision in credit rating of Jaguar Land Rover Automotive Plc

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Capital Market
Last Updated : Sep 28 2016 | 12:01 AM IST

From Moody's Investors Service Global Credit Research

Tata Motors announced that Moody's Investors Service Global Credit Research has upgraded the credit rating of Jaguar Land Rover Automotive Plc, subsidiary of the Company, by a positive notch.

Corporate Family Rating - Ba1 / Outlook remains Positive (Revised from Ba2)
Probability of Default Rating - Ba1-PD / Outlook remains Positive (Revised from Ba2-PD)
Senior Unsecured Instrument Rating - Ba1 / Outlook remains Positive (Revised from Ba2)

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First Published: Sep 27 2016 | 2:55 PM IST

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