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 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 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 reaffirmed the entity ratings of Indus Wind Energy Limited at ‘A/A-2’, reflecting a stable and secure investment profile, with consistent performance indicators and sound financial practices.According to V…
Karachi: VIS Credit Rating Company Limited has upgraded the Management Quality Rating of Faysal Asset Management Limited to ‘AM1’, indicating excellent management practices within the asset management industry. This upgrade, set against a stable outloo…
Karachi: VIS Credit Rating Company Limited has upgraded the credit ratings of PGP Consortium Limited from ‘A-/A-2’ to ‘A/A-2’, reflecting improved creditworthiness based on strong operational foundations and stable financial metrics.According to VIS Cr…