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Moody's retains JSW Steel's rating at Ba2 with negative outlook
Jul-10-2020

Moody's Investors Service has retained the JSW Steel's rating at Ba2 with Outlook revised to Negative. Corporate Family Rating (CFR) - Ba2; Negative (Revised from Ba2 placed under rating downgrade; Ratings under review). Senior Unsecured Debt Rating - Ba2; Negative (Revised from Ba2 placed under rating downgrade; Ratings under review).

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.

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