Press Release

VIS Matures Ratings of Short Term Sukuk of OBS Pharma (Private) Limited

Karachi, September 04, 2024: VIS Credit Rating Company Limited (VIS) has matured the rating assigned to Short Term Sukuk of OBS Pharma (Private) Limited (the ‘Company’), amounting Rs. 1,500.0 million. The instrument was issued on February 29, 2024 and redeemed on August 29, 2024. The previous rating action was announced on March 29, 2024.

For further information on this ratings announcement, please contact at 021-35311861-64 or email at info@vis.com.pk.

Applicable Rating Criteria: Policy for Suspension and Withdrawals of Ratings
https://docs.vis.com.pk/docs/policy_withdrawal.pdf

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