ALFA Filings
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India Ratings & Research has upgraded JSW Steel Limited's issuer and NCD ratings to IND AA+ with a Stable outlook. The upgrade follows significant debt reduction from a BPSL slump-sale.
Moody's Ratings upgraded JSW Steel's issuer rating to Investment Grade (Baa3), reflecting improved credit profile and debt reduction. The outlook remains stable.
CARE Ratings upgraded JSW Steel's long‑term bank facilities to AA+ and reaffirmed short‑term ratings. The upgrade follows a ₹37,350 cr cash inflow from the BPSL asset sale.
Fitch Ratings upgraded JSW Steel's long-term IDR and bond rating to BB+ with a Positive outlook. The upgrade reflects improved financial structure and outlook.