Press Release

VIS Matures Rating of Short Term Sukuk-2 (STS-2) of JDW Sugar Mills Limited

Karachi, October 2, 2024: VIS Credit Rating Company Limited (VIS) has matured rating of JDW Sugar Mills Limited (‘’JDWSML’’ or ‘’the Company’’) Short Term Sukuk-2 (STS-2) issue amounting to PKR 5.0 bln. Issuance and maturity dates of the instrument were February 15, 2024, and August 15, 2024, respectively. Previous rating action was announced on March 04, 2024.

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
































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

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