West Coast Paper Mills' credit ratings reaffirmed by ICRA

West Coast Paper Mills Limited (WCPM) has received reaffirmed credit ratings from ICRA Limited, as detailed in a recent announcement. The long-term fund-based term loan of INR 100.00 crore has been reaffirmed at [ICRA]AA (Stable). Additionally, the long-term/short-term unallocated limits of INR 250.00 crore were reaffirmed at [ICRA]AA(Stable)/[ICRA]A1+.

The company's commercial paper amounting to INR 50.00 crore also saw its rating reaffirmed at [ICRA]A1+. These ratings are specific to the terms and conditions outlined and are subject to review by ICRA if there are changes in the instrument's terms or size.

ICRA emphasizes that these ratings represent an opinion and should not be construed as a recommendation to buy, sell, or hold the rated instruments. WCPM is requested to inform ICRA of any defaults, delays in repayment, or significant developments that could impact its debt-servicing capability or borrowing limits.