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CARE revises ratings of Essar Oil’s bank facilities

04 Sep 2015 Evaluate

Credit rating agency, CARE has revised rating of Essar Oil’s long term bank facilities worth Rs 9077.58 crore to ‘A’ from ‘A-’. The rating agency has also revised rating of company’s short term bank facilities worth Rs 16000 crore to ‘A1’ from ‘A2’.

Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail.

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Company Name CMP
Reliance Industries 1226.00
Indian Oil Corpn. 135.80
Bharat PetroleumCorp 307.55
HPCL 351.50
MRPL 164.85
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