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CRISIL reaffirms rating of bank-facilities of B&A Packaging India

27 Oct 2014 Evaluate

Credit rating agency, CRISIL has reaffirmed the short-term rating assigned to banking facilities of B&A Packaging India as ‘A4+’. The rating agency has rated bank loan facilities of Rs 22.35 crore and upgraded the long -term rating from ‘BB/Stable’ to ‘BB+/Stable’.

B&A Packaging India manufactures and sells paper sacks and flexible laminates in India. Its Paper Sacks division offers valved sacks, open-mouth sacks, pinch bottom sacks, sewn sacks, and reinforced sacks etc.

Peers
Company Name CMP
Uflex 612.80
EPL 236.30
AGI Greenpac 750.45
Huhtamaki India 225.50
TCPL Packaging 4484.50
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