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ICRA reaffirms ratings of Tata Global Beverages’ various credit facilities

05 Oct 2015 Evaluate

Credit rating agency, ICRA has reaffirmed ‘AA+’ long term rating and ‘A1+’ short term rating for Tata Global Beverages’ Rs 424 crore lines of credit for various facilities.

Tata Global Beverages, formerly known as Tata Tea, is a multinational non-alcoholic Beverages Company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea. Tata Global Beverages markets tea under the major brands Tata Tea, Tetley, Good Earth Teas and JEMCA.

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