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Chennai Petroleum Corporation Ltd’s ratings reaffirmed by Crisil across various bank facilities totaling over 4000 crore

07-Nov-26 00:34 Hrs IST

Chennai Petroleum Corporation Ltd announced that Crisil Ratings has reaffirmed its ‘Crisil AAA/Stable & Crisil A1+’ ratings on its bank facilities and commercial paper, alongside reaffirming ‘Crisil AAA/Stable’ for proposed long-term bank loan facilities with a proposed amount of 0.9 crore, noting full interchangeability with packing credit. The reaffirmed ratings apply to bank guarantee facilities totaling 25 crore from IndusInd Bank Limited, cash credit facilities of 3000 crore from State Bank of India, fund-based facilities of 600 crore from ICICI Bank Limited, fund-based facilities of 700 crore from HDFC Bank Limited, fund-based facilities of 500 crore from Punjab National Bank, fund-based facilities of 1000 crore from Bank Of India, fund-based facilities of 475 crore from IndusInd Bank Limited, fund-based facilities of 450 crore from The Federal Bank Limited, fund-based facilities of 750 crore from YES Bank Limited, fund-based facilities of 300 crore from The South Indian Bank Limited, and letter of credit & bank guarantee facilities of 184 crore from State Bank of India, with no enhancements, assignments, or withdrawals reported.

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