FLASHNEWS:

VIS Withdraws Entity Ratings of Noor Fatima Fabrics (Private) Limited

Karachi, January 31, 2023 (PPI-OT):VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BB/B’ (Double B / Single B) with ‘Rating Watch-Negative’ assigned to Noor Fatima Fabrics (Private) Limited (NFFL), with immediate effect, due to non-renewal of contract. Previous rating action was announced on November 24, 2022.

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/