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India's Tata Steel Assigned 'BB+' Foreign Currency Rating; 'BBB' Local Currency Rating Product Image

India's Tata Steel Assigned 'BB+' Foreign Currency Rating; 'BBB' Local Currency Rating

  • Published: March 2005
  • Region: India
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

SINGAPORE (Standard & Poor's) March 24, 2005--Standard & Poor's Ratings Services today assigned its 'BB+' foreign currency and 'BBB' local currency credit ratings to India-based The Tata Iron and Steel Co. Ltd. (Tata Steel). The outlook is stable. Tata Steel is the second-largest steel producer in India, with finished steel capacity of four million tonnes per year (mtpy) in fiscal 2004. In the nine-months READ MORE >

Tata Steel Ltd.

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