Press Release

VIS Suspends Ratings of Noor Fatima Fabrics (Private) Limited

Karachi, November 24, 2022: VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘BB/B’ (Double B / Single B) with ‘Rating Watch-Negative’ assigned to Noor Fatima Fabrics (Private) Limited (NFFL), 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 October 27, 2022.
For further information on this rating announcement, please contact the undersigned at 021-35311861-70 (Ext. 207) or email at info@vis.com.pk







Sara Ahmed
Director

VIS Entity Rating Criteria: Corporates (August 2021)
https://docs.vis.com.pk/docs/CorporateMethodology202108.pdf

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