Press Release

VIS Withdraws Entity Ratings of Engro Polymer & Chemicals Limited

Karachi, November 21, 2019: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘AA-/A-1+’ (Double A Minus/A-One Plus) assigned to Engro Polymer & Chemicals Limited (EPCL) with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on July 19, 2018.

For further information on this rating announcement, please contact the undersigned (Ext: 207) or Javed Callea (Ext: 201) at 021-35311861-71 or fax to 021-35311872-3.



Jamal Abbas Zaidi
Advisor

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