Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al Karam Towel Industries (Pvt) Ltd at ‘A-/A-2’, indicating good credit quality and a stable outlook. These ratings reflect the company’s ability to meet its long-term and …
Karachi: VIS Credit Rating Company Limited has matured its rating of the Basel 3 Compliant Tier-II Sukuk 1 issued by Al-Baraka Bank (Pakistan) Limited, marking the end of its term on August 21, 2024. The debt instrument, initially valued at Rs. 1.5 bil…
Karachi: VIS Credit Rating Company Limited has announced an upgrade in the preference share rating of PGP Consortium Limited from ‘BBB’ to ‘BBB+’, indicating improved credit quality with reasonable and sufficient protection factors. The stable outlook …
Karachi: VIS Credit Rating Company Limited has reaffirmed the A-/A-2 entity ratings for Utopia Industries (Private) Limited, signaling a stable outlook with sound liquidity and good access to capital markets. The ratings reflect a balanced risk profile…
Lahore: VIS Credit Rating Company Limited has announced the assignment of initial credit ratings to Sunridge Foods (Private) Limited, categorizing the medium to long-term rating as ‘BBB+’ and the short-term rating as ‘A-3’. These ratings indicate an ad…
Karachi: VIS Credit Rating Company Limited has assigned a preliminary rating of ‘AA- (plm)’ to the Sukuk issue of PGP Consortium Limited, indicating high credit quality with stable outlook, reflecting the company’s strong protection factors and moderat…
Islamabad: The automotive industry has witnessed a notable surge in sales across major car manufacturers like Honda Atlas Cars (HCAR) and Indus Motors (INDU), driven by favorable economic conditions and strategic pricing adjustments. This upturn follow…