Epic Research Update : Essar Oil

Essar Oil’s Long-term Bank Facilities worth Rs 7,703.84 crore which was enhanced from Rs 5877.84 crore , ‘A3+’ rating to Short-term Bank Facilities worth Rs 16,000.00 crore which was enhanced from Rs.13,515.00 crore. The rating agency has also reaffirmed A2 (SO) rating to company’s Short-term Bank Facilities (Invoice Discounting Facilities) worth Rs 1,700.00 crore



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