Intimation of Revision in Ratings under the SEBI

RNS Announcement

RNS Number : 4741H

Tata Steel Limited

03 August 2021

August 3, 2021

London Stock Exchange

London

Dear Sirs/Madam,

Sub: Intimation of Revision in Ratings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015

This has reference to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (the 'Regulations'). In accordance with the said Regulation(s), please find below the details of revision in ratings for Company and its subsidiary: -

Name of the Company

Credit Rating Agency

Type of Credit Rating

Existing

Revised

Tata Steel Limited

S&P Global Ratings

Long- term issuer credit rating

'BB-'

Outlook: Stable

'BB'

Outlook: Stable

ABJA Investment Co. Pte. Ltd.

Long-term foreign currency issuer credit rating

'BB-'

Outlook: Stable

'BB'

Outlook: Stable

The report from the credit rating agency covering the rationale for revision in credit rating is enclosed.

This is for your information and records.

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END

MSCBRGDIGSGDGBX

RNS metadata

Title: Intimation of Revision in Ratings under the SEBI
Time: 07:00:02
Date: 4 Aug 2021
Category: Miscellaneous
ID: 4741H