Trent Ltd.

Trent has informed that the Company has issued and allotted Commercial Paper of an amount of Rs 100 Crores. The proceeds will primarily be used to refinance existing borrowings. As intimated earlier vide letter dated 4th September 2017, Credit Analysis & Research Limited has assigned a credit rating of A1+ to the said instrument. Instruments with A1 rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk. The modifier ‘+’ reflect the comparative standing within the category.

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