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| Exchange Disseminated Time 23/12/2016 17:58:45 | JSW Energy Ltd has informed BSE that Credit Analysis & Research Limited (CARE) has reaffirmed the ratings of the Company for Long term Bank Facilities and Non-Convertible Debentures as CARE AA- (Double A Minus), however has revised its outlook from ‘Stable’ to ‘Negative’.
CARE has also reaffirmed the ratings of the Company for Short term Bank Facilities as CARE A1+ (A one plus) and withdrawn the rating for the Company’s Short term loan as the facility has been entirely repaid.
CARE has assigned rating for Commercial Paper issue upto Rs. 700 crore as CARE A1+ (A one plus) and CARE AA- (Double A Minus) rating for the Non-Convertible Debentures issue upto Rs. 1000 crore with ‘Negative’ outlook. |
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