MoneyWorks4Me

CARE upgrades ratings assigned to bank facilities of Panama Petrochem

08 Sep 2017 Evaluate

Credit rating agency, CARE has upgraded the rating assigned to long term bank facilities of Panama Petrochem to ‘A+’ from ‘A’ with a stable outlook. The rating agency has reaffirmed the rating on short term bank facilities to ‘A1’.

Panama Petrochem is one of India’s leading manufacturers and exporters of petroleum specialty products.

Peers