| Name |
Date |
Rating Type |
Long Term |
Short Term |
Outlook/Rating Watch |
Action |
|
Al-Ghazi Tractors Ltd. |
10/3/2024 |
Entity |
A+
Good credit quality; Protection factors are adequate. Risk factors
may vary with possible changes in the economy.
|
A-1
Strong likelihood of timely repayment of short-term obligations with
excellent liquidity factors
|
Stable |
Reaffirmed |
|
|
|
Punjab Thermal Power (Pvt) Limited |
10/2/2024 |
Entity |
AA
High credit quality; Protection factors are strong. Risk is modest but
may vary slightly from time to time because of economic conditions.
|
A-1
Strong likelihood of timely repayment of short-term obligations with
excellent liquidity factors
|
Stable |
Reaffirmed |
|
|
|
JDW Sugar Mills Ltd |
10/2/2024 |
STS-2 |
|
|
|
Matured |
|
|
|
Sitara Textile Industries Ltd |
10/1/2024 |
Entity |
BB+
Obligations deemed likely to be met. Protection factors are capable
of weakening if changes occur in the economy. Overall quality may
move up or down frequently within this category.
|
A-3
Fair likelihood of timely repayment of short-term debt obligations with
satisfactory liquidity factors
|
Rating Watch - Negative |
Downgrade |
|
|
|
Gharo Solar Ltd |
9/26/2024 |
Entity |
A+
Good credit quality; Protection factors are adequate. Risk factors
may vary with possible changes in the economy.
|
A-1
Strong likelihood of timely repayment of short-term obligations with
excellent liquidity factors
|
Stable |
Upgrade |
|
|
|
Masood Textile Mills Limited |
9/24/2024 |
Entity |
|
|
|
Withdrawn |
|
|
|
Quaid-e-Azam Thermal Power (Pvt) Limited |
9/23/2024 |
Entity |
AA+
High credit quality; Protection factors are strong. Risk is modest but
may vary slightly from time to time because of economic conditions.
|
A-1+
Strongest likelihood of timely repayment of short-term obligations
with outstanding liquidity factors
|
Stable |
Upgrade |
|
|
|
Maple Leaf Power Limited |
9/23/2024 |
Entity |
A
Good credit quality; Protection factors are adequate. Risk factors
may vary with possible changes in the economy.
|
A-1
Strong likelihood of timely repayment of short-term obligations with
excellent liquidity factors
|
Stable |
Initial |
|
|
|
OBS Pharma (Pvt) Limited |
9/23/2024 |
BLR |
A+ (blr)
|
|
Stable |
Reaffirmed |
|
|
|
OBS Pharma (Pvt) Limited |
9/23/2024 |
Entity |
A
Good credit quality; Protection factors are adequate. Risk factors
may vary with possible changes in the economy.
|
A-1
Strong likelihood of timely repayment of short-term obligations with
excellent liquidity factors
|
Stable |
Reaffirmed |
|
|