Fitch Ratings has revised the outlook of Indian steelmaker JSW Limited’s issuer default rating (IDR) to positive from negative, while re-affirming the IDR at ‘BB’ from ‘BB-’, according to a report put out by the rating agency on Thursday, May 20.
惠誉表示，其展望修订是基于其在今年3月止3月截止日本财政年度的JSW杠杆估算的基础上，不包括收购Bhushan Power and Steel Limited（BPSL）的影响。报告称，惠誉预计JSW的杠杆率将继续减少。
JSW.’s earnings before interest, tax, depreciation and amortization (EBIDTA) will rise further from the fiscal year 2021-22 driven by higher volumes after adding capacity of 5 million mt per year or more than a quarter of its present total capacity from the middle of 2021-22, the report said.
它表示，它预计从Covid-19对钢铁公司的产出的复苏的影响有限，如果稳健的钢铁价格持续，则会看到较好的利润。万博亚洲城
在2020-21的削减后，CAPEX也可能增加，因为该公司重新分娩了增长。报告称，虽然惠誉推出了2021-22的高位，但JSW的支出计划的进一步增加仍然存在风险。