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Tamil Nadu Newsprint & Papers gets revision in credit ratings

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Capital Market

From ICRA

Tamil Nadu Newsprint & Papers has received revision in credit ratings from ICRA as under -

Fund based term loan - ICRA A; Stable (reaffirmed; Outlook revised from Negative)

Long term unallocated limits - ICRA A; Stable (reaffirmed)

Fund based /non fund based working capital facilities - ICRA A; Stable / ICRA A1 (reaffirmed; Outlook revised from Negative/ revised from ICRA A2+)

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First Published: Sep 18 2019 | 11:47 AM IST

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