JSW Steel receives revision in credit ratings from CARE

JSW Steel has received credit ratings from CARE Ratings as under:

Long term bank facilities – CARE AA+; Stable (rating upgraded)

Long term / short term bank facilities – CARE AA+; Stable / CARE A1+ (LT rating upgraded/ ST rating reaffirmed)

Short term bank facilities – CARE A1+ (rating reaffirmed)

Issuer ratings – CARE AA+; Stable (rating upgraded)

Non convertible debentures – CARE AA+; Stable (rating upgraded)

Commercial paper – CARE A1+ (rating reaffirmed)

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