JSW Steel Ltd.
BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1245.55
21.15 (1.73%) Moody’s assigns ‘Ba2’ rating to JSW Steel’s proposed bonds
Date: 13-03-2018Moody’s Investors Service has assigned a ‘Ba2’ rating to JSW Steel’s proposed senior unsecured bonds with stable outlook. Ba2 rating means that this instrument has substantial credit risk. The bond rating is the same as JSW’s ‘Ba2’ corporate family rating (CFR) and the ‘Ba2’ rating on the company’s existing senior unsecured notes.
JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.