Press Release

VIS Credit Rating Company Withdraws Entity Ratings of Clover Pakistan Limited

Karachi, November 12, 2020: VIS Credit Rating Company has withdrawn the entity ratings of ‘A-/A-2’ (A Minus/A-Two) assigned to Clover Pakistan Limited, with immediate effect on account of management’s decision to discontinue to the ratings. The previous rating action was announced on August 7, 2020.

For further information on this rating announcement, please contact Mr. Muhammad Ibad Desmukh (Ext: 205) or the undersigned (Ext. 201) at 021-35311861-70 or email at info@vis.com.pk mailto:info@vis.com.pk.


Javed Callea
Advisor

Applicable Rating Criteria: Industrial Corporates (April 2019)
https://s3-us-west-2.amazonaws.com/backupsqlvis/docs/Corporate-Methodology-201904.pdf

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