General Announcement::Intimation of Rating upgrade

Issuer & Securities

Issuer/ Manager
JSW STEEL LIMITED
Securities
JSWSTEELUS$500M5.95%N240418 - XS1981202861 - VA4B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
23-Aug-2021 23:12:45
Status
New
Announcement Sub Title
Intimation of Rating upgrade
Announcement Reference
SG210823OTHRVN04
Submitted By (Co./ Ind. Name)
JSW Steel Limited
Designation
Company Secretary
Effective Date and Time of the event
23/08/2021 20:00:00
Description (Please provide a detailed description of the event in the box below)
ICRA Limited Ltd vide their release dated August 23, 2021 has upgraded the Company s rating for Long Term Bank Facilities and Non-Convertible Debentures to [ICRA] AA ; Stable Outlook, from [ICRA] AA- ; Positive Outlook, and has reaffirmed the ratings for the Short Term Bank facilities and Commercial Paper at [ICRA] A1+ . The details are attached.

Attachments

CreditRatingSE.pdf
Total size =439K