Press Release

VIS Withdraws Entity Ratings of Attock Cement Pakistan Limited

Karachi, February 22, 2021: VIS Credit Rating Company Limited has withdrawn the entity ratings of ‘A+/A-1’ (Single A Plus/ A-One) assigned to Attock Cement Pakistan Limited (ACPL) with immediate effect, due to non-renewal of contract. The previous rating action was announced on October 24, 2019.

For further information on this rating announcement, please contact the undersigned (Ext: 201) or Mr. Arsal Ayub, CFA (Ext: 214) at 35311861-70 (10 lines) or fax to 35311873.



Faryal Ahmed Faheem
Deputy CEO

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

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