
Press Release
VIS Credit Rating Company Suspends Entity Ratings of Clover Pakistan Limited
Karachi, August 10, 2020: VIS Credit Rating Company has suspended the entity ratings of ‘A-/A-2’ (A Minus/A-Two) assigned to Clover Pakistan Limited, with immediate effect, due to non-availability of current information for ratings analysis. The ratings will be reassessed as and when the required information is available. The previous rating action was announced on June 19, 2019.
For further information on this rating announcement, please contact Mr. Narendar Shankar Lal (Ext: 203) or the undersigned (Ext. 306) at 021-35311861-70 or email at info@vis.com.pk mailto:info@vis.com.pk.
Faryal Ahmad Faheem
Deputy CEO
Applicable Rating Criteria: Industrial Corporates (April 2019)
https://s3-us-west-2.amazonaws.com/backupsqlvis/docs/Corporate-Methodology-201904.pdf