Press Release

JCR-VIS Revises Ratings of TFC-2 issued by former Al-Zamin Leasing Corporation Limited

Karachi, January 09, 2013: JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the rating of TFC-2 issued by former Al-Zamin Leasing Corporation Limited from ‘C’ (Single C) to ‘D’ in view of non-payment of markup. As per the management of Invest Capital Investment Bank Limited, restructuring of TFC-2’s principal and markup is under consideration.

For further information on this rating announcement, please contact Mr. Javed Callea (Ext: 501) or Ms. Sobia Maqbool, CFA (Ext: 604) at 35311861-70 (10 lines) or fax to 35311872-3.



Jamal Abbas Zaidi
Deputy CEO

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