JSW Steel receives revision in credit ratings from CARE

JSW Steel has received credit ratings from CARE Ratings as under:

Long term bank facilities - CARE AA+; Stable (rating upgraded)

Long term / short term bank facilities - CARE AA+; Stable / CARE A1+ (LT rating upgraded/ ST rating reaffirmed)

Short term bank facilities - CARE A1+ (rating reaffirmed)

Issuer ratings - CARE AA+; Stable (rating upgraded)

Non convertible debentures - CARE AA+; Stable (rating upgraded)

Commercial paper - CARE A1+ (rating reaffirmed)