Press Release

VIS withdraws Entity Ratings of Premier Agencies

Karachi, November 11, 2020: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BBB+/A-2’ (Triple B Plus/A-Two) assigned to Premier Agencies with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on December 31, 2019.

For further information on this rating announcement, please contact the undersigned (Ext: 201) or Mr. Talha Iqbal (Ext: 213) at 021-35311861-71 or fax to 021-35311872-3.


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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