VIS Withdraws Syndicated Bank Loan Ratings of Power Cement Limited

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General

VIS Withdraws Syndicated Bank Loan Ratings of Power Cement Limited

January 4, 2023

Karachi, January 04, 2023 (PPI-OT):VIS Credit Rating Company Limited (VIS) has withdrawn the bank loan rating (blr) of ‘A (blr)’ (Single A (blr)) assigned to Power Cement Limited (PCL) secured syndicated bank loan facility of Rs. 16.2b, with immediate effect, on account of the management’s decision to discontinue the rating. Previous rating action was announced on November 30, 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/