Karachi, May 26, 2022 (PPI-OT):VIS Credit Rating Company has withdrawn the entity ratings of ‘A/A-2’ (Single A/ A-Two) assigned to International Brands (Private) Limited (IBL), with immediate effect on account of the management’s decision to discontinue the rating. The previous rating action was announced on July 02, 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/