MoneyWorks4Me

CARE revises rating of West Coast Paper Mills’ bank facilities

01 Mar 2013 Evaluate

Credit rating agency, CARE has revised ‘BBB+’ rating to the West Coast Paper Mills’ long term bank facilities from ‘A’. The rating agency has also revised the company’s short term bank facilities rating to A2 from A1.

West Coast Paper Mills is one of the oldest and largest producers of paper for printing, writing, and packaging in India. The paper mill is located at Dandeli in Karnataka near the banks of River Kali. The variety of quality paper that we produce serve the needs of numerous industries that include food packaging, printing and publishing, garments, stationary, and notebooks to name just a few.

Peers