CARE Lowers Rating on Orient Press' Bank Financing; Outlook Stable

MT Newswires Live

2025/03/24

CARE Ratings downgraded its rating on Orient Press' (NSE:ORIENTLTD, BOM:526325) long-term bank financing to BB from BB+, according to an Indian bourse filing on Saturday.

Rating on the commercial printing company's short-term bank financing was also lowered to A4 from A4+, the filing said.

The rating outlook remains stable.

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