FLASHNEWS:

VIS Suspends Entity Ratings of Denim Clothing Company

Karachi, May 18, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘BBB/A-2’ (Triple B/A-Two) assigned to Denim Clothing Company (DCC), with immediate effect, due to non-availability of required information for ratings analysis. The ratings will be reassessed as and when required information is available. Previous rating action was announced on May 17, 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/