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Phillips Carbon Black receives affirmation in credit ratings for bank facilities and CPs

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Capital Market

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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First Published: Sep 21 2020 | 6:49 PM IST

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