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JSW Steel informs about revision in ratings

04 Apr 2016 Evaluate

JSW Steel has informed that Fitch Ratings has downgraded its Long Term Issuer Default Rating (IDR), senior unsecured rating and rating on the outstanding $500 million senior unsecured notes of the Company due 2019 by one notch from ‘BB+’ to ‘BB’.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
JSW Steel 1232.35
Tata Steel 178.00
Steel Authority 175.80
Jindal Stainless 742.00
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