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JK Paper Ltd. Capital/Financing Update 2020

Sep 2, 2020

Capital/Financing Update

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a	lnstrument	Sizeoflssue	Rating/Outlook	Rating Action
No.	Type	(Rs. in million)
1	TermLoan	663	INDAA-	Upgraded
		(reduced from	/Stable
		847.90)
2	Fund - based	2,500	INDAA-	Long{ermrating
	limits		/StableilND,q1+	upgraded;Shortterm
				rating afflrmed
3	Non-fund	3,700	INDAA-/	Long{ermrating
	based limits		Stable/lND A1+	upgraded;Short{erm
				ratingaffirmed
4	Commercial	1,000	INDA1+	Affirmed
	paper*
	Term deposit	300	IND IAA	Upgraded