CRISIL Upgrades GP Petroleum’s Long-Term Ratings To ‘A-/Stable’ Short-Term Credit Rating upgraded to ‘A2+
Mumbai, August 3, 2015: The long term credit rating of GP Petroleums Limited’s (NSE & BSE: GULFPETRO), an Indian subsidiary of Gulf Petrochem Group, debt instruments has been upgraded to ‘A-/Stable’ by CRISIL (A Standard & Poor’s Company) from ‘BBB+’ earlier. The company’s short-term rating meanwhile, has been raised to ‘A2+’ from ‘A2’. Rated …