Press Release

VIS Credit Rating Withdraws Entity of Al-Razzaq Fibres (Private) Limited

Karachi, December 15, 2022: VIS Credit Rating Company Limited (VIS) has withdrawn entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to Al-Razzaq Fibres (Private) Limited, with immediate effect, on account of management’s decision to discontinue the ratings. Previous rating action was announced on June 21, 2022


For further information on this rating announcement, please contact Ms. Syeda Batool Zehra Zaidi (Ext: 210) or the undersigned (Ext: 207) at 021-35311861-66 or email at info@vis.com.pk.






Sara Ahmed
Director

Applicable Criteria: Industrial Corporates (August 2021)
https://docs.vis.com.pk/docs/CorporateMethodology202108.pdf

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