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Jaiprakash Asso
BSE: 532532NSE: JPASSOCIATISIN: INE455F01025

4th-Jul-2008 15:00Source: BSE

Jaiprakash Associates - Credit Rating

Jaiprakash Associates Ltd has informed BSE that Credit Analysis & Research Ltd (CARE) has assigned ''CARE A+'' [CARE Single A (Plus)] rating to the proposed secured long term NCDs of Rs 500 Crores of Jaiprakash Associates Ltd. Instruments with this rating are considered to offer adequate safety for timely servicing of debt obligations. Such instruments carry low credit risk.

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