China Chengxin International Credit Rating Co.Ltd CCXI:    Press Release    |    COUNTRY RISK REPORT ALONG THE BELT AND ROAD (2022)


Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action
National Power Parks Management Company (Pvt) Limited 12/6/2024 Entity
AA+ High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
A1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Stable Maintained
Akram Cotton Mills Limited 12/6/2024 Entity
BBB Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
Swat Expressway Planning Construction and Operations (Pvt) Limited 12/5/2024 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
Shields REIT Management Company Limited 12/5/2024 Management Quality
AM4 +(RMC)
Stable Reaffirmed
Oil & Gas Development Company Limited 12/4/2024 Entity
AAA Highest credit quality; the risk factors are negligible, being only slightly more than for risk-free Government of Pakistan’s debt.
A1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Stable Reaffirmed
Sohail Textile Mills Limited 12/2/2024 Entity
BBB- Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
Lucky Textile Mills Limited 12/2/2024 Entity
AA- High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
A1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Stable Upgrade
Dolmen City REIT 12/2/2024 REIT Rating
AAA (rr) Highest capacity to maintain stable rental income. Risk factors impacting value of REIT assets are negligible over the foreseeable future.
Stable Reaffirmed
Pakistan Telecommunication Company Limited 11/28/2024 STS-7
A1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Final
Next Capital Limited 11/28/2024 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed