Business

VIS Matures Sukuk Ratings of International Brands Private Limited

Karachi, May 26, 2022 (PPI-OT):VIS Credit Rating Company has matured the entity ratings of ‘AA’ (Double A) assigned to International Brands (Private) Limited’s (IBL) Sukuk issue amounting Rs. 2.8b. Issuance and maturity dates of the instrument were October 02, 2017 and May 13, 2022, respectively. The previous rating action was announced on February 18, 2021.

For more information, contact:

Director Compliance and Rating Analytics,

VIS Credit Rating Company Limited

VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad,

Phase VII, DHA, Karachi, Pakistan

Tel: +92-21-35311861-72

Fax: +92-21-35311873

Email: bilal@jcrvis.com.pk

Website: https://www.vis.com.pk/

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