Press Release

VIS Matures Sukuk Ratings of International Brands Private Limited (IBL)

Karachi, May 26, 2022: VIS Credit Rating Company has matured the entity ratings of ‘AA’ (Double A) assigned to International Brands (Private) Limited’s (IBL) Sukuk issue amounting Rs. 2.8b. Issuance and maturity dates of the instrument were October 02, 2017 and May 13, 2022, respectively. The previous rating action was announced on February 18, 2021.

For further information on this rating announcement, please contact Ms. Asfia Aziz or the undersigned (Ext: 306) at (021) 35311861-66 or email at info@vis.com.pk.







Faryal Ahmed Faheem
Deputy CEO

VIS Entity Rating Criteria: Corporates (August 2021)
https://docs.vis.com.pk/docs/CorporateMethodology202108.pdf

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