Karachi, August 06, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘A-/A-2’ (Single A minus/A-Two) assigned to Masood Textile Mills Limited (MTML) along with its Sukuk rating of ‘A’ (Single A), with immediate effect, due to non-payment of the rating fee for the current period. The ratings will be reassessed as and when the matter is resolved. The previous rating action was announced on April 27, 2020.
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/